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$253,011$71,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.320%
Blended rate7.320%7.560%
1st payment$1,684.73$488.41
2nd payment$0.00$0.00
Taxes / mo$251.65$251.65
Insurance / mo$150.00$150.00
MI / mo$118.81$14.22
HOA / mo$0.00$0.00
Total monthly$2,205.19$904.28
Cash to close$0$7,900