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$268,545$198,000
Remaining term (yrs)23.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.750%7.320%
Blended rate4.600%7.560%
1st payment$1,443.75$1,360.12
2nd payment$0.00$0.00
Taxes / mo$162.50$162.50
Insurance / mo$150.00$150.00
MI / mo$220.82$39.60
HOA / mo$509.00$509.00
Total monthly$2,486.08$2,221.22
Cash to close$0$22,000