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$208,259$215,910
Remaining term (yrs)23.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.150%7.400%
Blended rate4.000%7.640%
1st payment$1,036.31$1,494.92
2nd payment$0.00$0.00
Taxes / mo$199.92$199.92
Insurance / mo$150.00$150.00
MI / mo$170.82$43.18
HOA / mo$29.17$29.17
Total monthly$1,586.22$1,917.19
Cash to close$31,641$23,990