Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$198,862$192,600
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.700%7.320%
Blended rate6.550%7.560%
1st payment$1,225.25$1,323.03
2nd payment$0.00$0.00
Taxes / mo$38.83$38.83
Insurance / mo$150.00$150.00
MI / mo$149.53$38.52
HOA / mo$748.00$748.00
Total monthly$2,311.62$2,298.38
Cash to close$15,138$21,400