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$96,289$39,600
Remaining term (yrs)23.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.160%7.320%
Blended rate4.010%7.560%
1st payment$477.41$272.02
2nd payment$0.00$0.00
Taxes / mo$22.03$22.03
Insurance / mo$150.00$150.00
MI / mo$78.59$7.92
HOA / mo$0.00$0.00
Total monthly$728.03$451.97
Cash to close$0$4,400