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$188,129$135,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.320%
Blended rate6.810%7.560%
1st payment$1,210.40$927.36
2nd payment$0.00$0.00
Taxes / mo$225.86$225.86
Insurance / mo$150.00$150.00
MI / mo$90.01$27.00
HOA / mo$0.00$0.00
Total monthly$1,676.27$1,330.22
Cash to close$0$15,000