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$195,999$159,300
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.520%7.320%
Blended rate6.370%7.560%
1st payment$1,184.52$1,094.28
2nd payment$0.00$0.00
Taxes / mo$176.17$176.17
Insurance / mo$150.00$150.00
MI / mo$147.45$31.86
HOA / mo$0.00$0.00
Total monthly$1,658.14$1,452.31
Cash to close$0$17,700