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$193,898$202,410
Remaining term (yrs)24.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.900%7.320%
Blended rate3.750%7.560%
1st payment$915.69$1,390.42
2nd payment$0.00$0.00
Taxes / mo$205.00$205.00
Insurance / mo$150.00$150.00
MI / mo$155.83$40.48
HOA / mo$0.00$0.00
Total monthly$1,426.52$1,785.90
Cash to close$31,002$22,490