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$121,560$116,910
Remaining term (yrs)22.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.610%7.400%
Blended rate7.160%7.640%
1st payment$867.54$809.46
2nd payment$0.00$0.00
Taxes / mo$90.24$90.24
Insurance / mo$150.00$150.00
MI / mo$58.29$23.38
HOA / mo$146.00$146.00
Total monthly$1,312.07$1,219.09
Cash to close$8,340$12,990