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$208,743$204,300
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.400%
Blended rate7.240%7.640%
1st payment$1,384.86$1,414.53
2nd payment$0.00$0.00
Taxes / mo$146.43$146.43
Insurance / mo$150.00$150.00
MI / mo$98.47$40.86
HOA / mo$0.00$0.00
Total monthly$1,779.76$1,751.83
Cash to close$18,257$22,700