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$199,082$129,600
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$1,331.91$897.32
2nd payment$0.00$0.00
Taxes / mo$64.75$64.75
Insurance / mo$150.00$150.00
MI / mo$94.51$25.92
HOA / mo$200.00$200.00
Total monthly$1,841.16$1,337.99
Cash to close$0$14,400