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$171,128$161,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.090%7.400%
Blended rate7.640%7.640%
1st payment$1,185.89$1,115.42
2nd payment$0.00$0.00
Taxes / mo$318.83$318.83
Insurance / mo$150.00$150.00
MI / mo$80.96$32.22
HOA / mo$0.00$0.00
Total monthly$1,735.69$1,616.48
Cash to close$7,872$17,900