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$141,079$144,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.860%7.400%
Blended rate3.710%7.640%
1st payment$657.29$997.03
2nd payment$0.00$0.00
Taxes / mo$98.00$98.00
Insurance / mo$150.00$150.00
MI / mo$112.43$28.80
HOA / mo$422.00$422.00
Total monthly$1,439.72$1,695.83
Cash to close$18,921$16,000