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$190,858$202,410
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.990%7.320%
Blended rate3.840%7.560%
1st payment$906.11$1,390.42
2nd payment$0.00$0.00
Taxes / mo$514.83$514.83
Insurance / mo$150.00$150.00
MI / mo$152.43$40.48
HOA / mo$400.00$400.00
Total monthly$2,123.37$2,495.73
Cash to close$34,042$22,490