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$228,797$233,910
Remaining term (yrs)18.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$1,778.21$1,619.55
2nd payment$0.00$0.00
Taxes / mo$233.42$233.42
Insurance / mo$150.00$150.00
MI / mo$109.31$46.78
HOA / mo$0.00$0.00
Total monthly$2,270.94$2,049.74
Cash to close$31,103$25,990