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$189,092$160,920
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$1,220.77$1,114.18
2nd payment$0.00$0.00
Taxes / mo$208.17$208.17
Insurance / mo$150.00$150.00
MI / mo$90.68$32.18
HOA / mo$0.00$0.00
Total monthly$1,669.61$1,504.53
Cash to close$0$17,880