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$175,743$170,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.400%
Blended rate6.990%7.640%
1st payment$1,125.56$1,183.35
2nd payment$0.00$0.00
Taxes / mo$155.75$155.75
Insurance / mo$150.00$150.00
MI / mo$82.13$34.18
HOA / mo$691.00$691.00
Total monthly$2,204.44$2,214.28
Cash to close$14,157$18,990