Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$153,750$161,100
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.160%7.400%
Blended rate6.710%7.640%
1st payment$944.16$1,115.42
2nd payment$0.00$0.00
Taxes / mo$250.42$250.42
Insurance / mo$150.00$150.00
MI / mo$70.96$32.22
HOA / mo$0.00$0.00
Total monthly$1,415.53$1,548.06
Cash to close$25,250$17,900