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$193,900$196,200
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.320%
Blended rate6.070%7.560%
1st payment$1,136.96$1,347.76
2nd payment$0.00$0.00
Taxes / mo$152.17$152.17
Insurance / mo$150.00$150.00
MI / mo$146.33$39.24
HOA / mo$182.00$182.00
Total monthly$1,767.46$1,871.16
Cash to close$24,100$21,800