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$98,099$97,650
Remaining term (yrs)29.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$620.61$676.11
2nd payment$0.00$0.00
Taxes / mo$27.42$27.42
Insurance / mo$150.00$150.00
MI / mo$45.00$19.53
HOA / mo$0.00$0.00
Total monthly$843.03$873.06
Cash to close$10,401$10,850