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$267,210$188,100
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.310%7.320%
Blended rate7.160%7.560%
1st payment$1,733.94$1,292.12
2nd payment$0.00$0.00
Taxes / mo$128.00$128.00
Insurance / mo$150.00$150.00
MI / mo$198.22$37.62
HOA / mo$448.00$448.00
Total monthly$2,658.16$2,055.74
Cash to close$0$20,900