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$217,950$206,550
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.400%
Blended rate7.730%7.640%
1st payment$1,523.23$1,430.11
2nd payment$0.00$0.00
Taxes / mo$48.58$48.58
Insurance / mo$150.00$150.00
MI / mo$103.06$41.31
HOA / mo$0.00$0.00
Total monthly$1,824.87$1,670.00
Cash to close$11,550$22,950