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$158,102$170,100
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.400%
Blended rate6.870%7.640%
1st payment$1,023.19$1,177.74
2nd payment$0.00$0.00
Taxes / mo$238.33$238.33
Insurance / mo$150.00$150.00
MI / mo$75.61$34.02
HOA / mo$0.00$0.00
Total monthly$1,487.13$1,600.09
Cash to close$30,898$18,900