Dan Frey Home Loans
Call Dan

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$160,258$159,975
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$1,043.00$1,098.92
2nd payment$0.00$0.00
Taxes / mo$102.33$102.33
Insurance / mo$150.00$150.00
MI / mo$76.51$32.00
HOA / mo$191.00$191.00
Total monthly$1,562.84$1,574.25
Cash to close$17,492$17,775