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$179,051$169,110
Remaining term (yrs)31.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.400%
Blended rate6.980%7.640%
1st payment$1,101.71$1,170.88
2nd payment$0.00$0.00
Taxes / mo$34.75$34.75
Insurance / mo$150.00$150.00
MI / mo$82.13$33.82
HOA / mo$0.00$0.00
Total monthly$1,368.59$1,389.46
Cash to close$8,849$18,790