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$201,581$211,499
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.860%7.320%
Blended rate3.710%7.560%
1st payment$922.55$1,452.85
2nd payment$0.00$0.00
Taxes / mo$137.83$137.83
Insurance / mo$150.00$150.00
MI / mo$157.81$42.30
HOA / mo$0.00$0.00
Total monthly$1,368.19$1,782.99
Cash to close$33,418$23,500