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$194,256$195,750
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$1,313.58$1,344.67
2nd payment$0.00$0.00
Taxes / mo$416.50$416.50
Insurance / mo$150.00$150.00
MI / mo$92.26$39.15
HOA / mo$89.00$89.00
Total monthly$2,061.33$2,039.32
Cash to close$23,244$21,750