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$112,537$76,500
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.070%7.400%
Blended rate3.920%7.640%
1st payment$533.07$529.67
2nd payment$0.00$0.00
Taxes / mo$70.83$70.83
Insurance / mo$150.00$150.00
MI / mo$88.76$15.30
HOA / mo$0.00$0.00
Total monthly$842.66$765.80
Cash to close$0$8,500