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$102,233$81,000
Remaining term (yrs)22.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.830%7.320%
Blended rate5.680%7.560%
1st payment$625.50$556.41
2nd payment$0.00$0.00
Taxes / mo$296.64$296.64
Insurance / mo$150.00$150.00
MI / mo$84.16$16.20
HOA / mo$16.67$16.67
Total monthly$1,172.96$1,035.92
Cash to close$0$9,000