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$162,228$170,910
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.330%7.400%
Blended rate7.180%7.640%
1st payment$1,054.75$1,183.35
2nd payment$0.00$0.00
Taxes / mo$40.08$40.08
Insurance / mo$150.00$150.00
MI / mo$77.86$34.18
HOA / mo$0.00$0.00
Total monthly$1,322.69$1,407.61
Cash to close$27,672$18,990