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$231,351$179,820
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.320%
Blended rate7.770%7.560%
1st payment$1,594.78$1,235.24
2nd payment$0.00$0.00
Taxes / mo$197.08$197.08
Insurance / mo$150.00$150.00
MI / mo$171.17$35.96
HOA / mo$310.00$310.00
Total monthly$2,423.04$1,928.29
Cash to close$0$19,980