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$203,348$195,300
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$1,371.38$1,352.22
2nd payment$0.00$0.00
Taxes / mo$271.03$271.03
Insurance / mo$150.00$150.00
MI / mo$95.63$39.06
HOA / mo$170.00$170.00
Total monthly$2,058.04$1,982.31
Cash to close$13,652$21,700