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$205,826$173,700
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.980%7.320%
Blended rate5.830%7.560%
1st payment$1,183.27$1,193.20
2nd payment$0.00$0.00
Taxes / mo$61.08$61.08
Insurance / mo$150.00$150.00
MI / mo$156.49$34.74
HOA / mo$466.00$466.00
Total monthly$2,016.84$1,905.02
Cash to close$0$19,300