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$163,460$166,410
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.400%
Blended rate6.870%7.640%
1st payment$1,035.37$1,152.19
2nd payment$0.00$0.00
Taxes / mo$182.17$182.17
Insurance / mo$150.00$150.00
MI / mo$76.51$33.28
HOA / mo$0.00$0.00
Total monthly$1,444.04$1,517.64
Cash to close$21,440$18,490