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$200,197$206,991
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.250%7.320%
Blended rate3.100%7.560%
1st payment$846.13$1,421.88
2nd payment$0.00$0.00
Taxes / mo$319.17$319.17
Insurance / mo$150.00$150.00
MI / mo$156.79$41.40
HOA / mo$0.00$0.00
Total monthly$1,472.09$1,932.45
Cash to close$29,793$22,999