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$183,952$184,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.230%7.400%
Blended rate6.780%7.640%
1st payment$1,140.21$1,277.44
2nd payment$0.00$0.00
Taxes / mo$107.42$107.42
Insurance / mo$150.00$150.00
MI / mo$85.06$36.90
HOA / mo$0.00$0.00
Total monthly$1,482.68$1,571.76
Cash to close$21,048$20,500