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$150,247$135,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.110%7.320%
Blended rate5.960%7.560%
1st payment$875.25$927.36
2nd payment$0.00$0.00
Taxes / mo$38.58$38.58
Insurance / mo$150.00$150.00
MI / mo$114.06$27.00
HOA / mo$300.00$300.00
Total monthly$1,477.89$1,442.94
Cash to close$0$15,000