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$232,263$229,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.320%
Blended rate7.260%7.560%
1st payment$1,553.89$1,576.51
2nd payment$0.00$0.00
Taxes / mo$326.00$326.00
Insurance / mo$150.00$150.00
MI / mo$110.26$45.90
HOA / mo$0.00$0.00
Total monthly$2,140.15$2,098.41
Cash to close$22,737$25,500