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$169,706$179,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.320%
Blended rate7.410%7.560%
1st payment$1,138.86$1,235.86
2nd payment$0.00$0.00
Taxes / mo$116.75$116.75
Insurance / mo$150.00$150.00
MI / mo$79.58$35.98
HOA / mo$5.83$5.83
Total monthly$1,491.02$1,544.42
Cash to close$30,194$19,990