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$137,589$94,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.200%7.400%
Blended rate7.750%7.640%
1st payment$962.44$654.30
2nd payment$0.00$0.00
Taxes / mo$113.83$113.83
Insurance / mo$150.00$150.00
MI / mo$64.99$18.90
HOA / mo$0.00$0.00
Total monthly$1,291.26$937.03
Cash to close$0$10,500