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$210,130$216,000
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.290%7.320%
Blended rate7.840%7.560%
1st payment$1,479.47$1,483.77
2nd payment$0.00$0.00
Taxes / mo$79.13$79.13
Insurance / mo$150.00$150.00
MI / mo$99.01$43.20
HOA / mo$7.08$7.08
Total monthly$1,814.69$1,763.18
Cash to close$29,870$24,000