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$183,095$193,410
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.320%
Blended rate7.540%7.560%
1st payment$1,244.32$1,328.59
2nd payment$0.00$0.00
Taxes / mo$78.25$78.25
Insurance / mo$150.00$150.00
MI / mo$85.81$38.68
HOA / mo$55.00$55.00
Total monthly$1,613.38$1,650.52
Cash to close$31,805$21,490