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$229,736$238,499
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.400%
Blended rate5.950%7.640%
1st payment$1,332.78$1,651.32
2nd payment$0.00$0.00
Taxes / mo$220.83$220.83
Insurance / mo$150.00$150.00
MI / mo$173.88$47.70
HOA / mo$0.00$0.00
Total monthly$1,877.49$2,069.85
Cash to close$35,263$26,500