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$127,832$143,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.400%
Blended rate6.870%7.640%
1st payment$828.29$990.80
2nd payment$0.00$0.00
Taxes / mo$90.33$90.33
Insurance / mo$150.00$150.00
MI / mo$61.20$28.62
HOA / mo$0.00$0.00
Total monthly$1,129.83$1,259.75
Cash to close$31,168$15,900