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$230,237$231,210
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.400%
Blended rate7.540%7.640%
1st payment$1,566.22$1,600.85
2nd payment$0.00$0.00
Taxes / mo$214.08$214.08
Insurance / mo$150.00$150.00
MI / mo$108.01$46.24
HOA / mo$0.00$0.00
Total monthly$2,038.31$2,011.18
Cash to close$26,663$25,690