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$225,126$209,700
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.400%
Blended rate6.080%7.640%
1st payment$1,325.41$1,451.92
2nd payment$0.00$0.00
Taxes / mo$240.03$240.03
Insurance / mo$150.00$150.00
MI / mo$170.40$41.94
HOA / mo$20.00$20.00
Total monthly$1,905.84$1,903.89
Cash to close$7,874$23,300