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$202,645$215,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.400%
Blended rate6.980%7.640%
1st payment$1,324.01$1,489.31
2nd payment$0.00$0.00
Taxes / mo$40.17$40.17
Insurance / mo$150.00$150.00
MI / mo$96.71$43.02
HOA / mo$0.00$0.00
Total monthly$1,610.89$1,722.50
Cash to close$36,355$23,900