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$206,418$206,910
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.110%7.320%
Blended rate6.660%7.560%
1st payment$1,259.68$1,421.33
2nd payment$0.00$0.00
Taxes / mo$183.75$183.75
Insurance / mo$150.00$150.00
MI / mo$95.17$41.38
HOA / mo$0.00$0.00
Total monthly$1,688.60$1,796.46
Cash to close$23,482$22,990