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$150,361$81,059
Remaining term (yrs)22.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.640%7.320%
Blended rate5.490%7.560%
1st payment$900.16$556.82
2nd payment$0.00$0.00
Taxes / mo$285.38$285.38
Insurance / mo$150.00$150.00
MI / mo$123.80$16.21
HOA / mo$0.00$0.00
Total monthly$1,459.34$1,008.42
Cash to close$0$9,007