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$202,074$192,600
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$1,341.50$1,333.52
2nd payment$0.00$0.00
Taxes / mo$60.16$60.16
Insurance / mo$150.00$150.00
MI / mo$94.51$38.52
HOA / mo$235.00$235.00
Total monthly$1,881.16$1,817.20
Cash to close$11,926$21,400