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$156,260$103,944
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$1,093.05$719.69
2nd payment$0.00$0.00
Taxes / mo$142.00$142.00
Insurance / mo$150.00$150.00
MI / mo$73.80$20.79
HOA / mo$0.00$0.00
Total monthly$1,458.85$1,032.47
Cash to close$0$11,549