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$155,734$154,800
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.400%
Blended rate5.950%7.640%
1st payment$906.29$1,071.80
2nd payment$0.00$0.00
Taxes / mo$53.33$53.33
Insurance / mo$150.00$150.00
MI / mo$118.24$30.96
HOA / mo$0.00$0.00
Total monthly$1,227.86$1,306.10
Cash to close$16,266$17,200