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$175,872$166,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.320%
Blended rate6.150%7.560%
1st payment$1,039.64$1,143.74
2nd payment$0.00$0.00
Taxes / mo$143.83$143.83
Insurance / mo$150.00$150.00
MI / mo$132.61$33.30
HOA / mo$288.00$288.00
Total monthly$1,754.09$1,758.87
Cash to close$9,128$18,500