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$182,292$189,000
Remaining term (yrs)22.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.410%7.320%
Blended rate5.260%7.560%
1st payment$1,065.76$1,298.30
2nd payment$0.00$0.00
Taxes / mo$165.25$165.25
Insurance / mo$150.00$150.00
MI / mo$150.58$37.80
HOA / mo$285.00$285.00
Total monthly$1,816.59$1,936.35
Cash to close$27,708$21,000