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$185,536$107,100
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.320%
Blended rate7.150%7.560%
1st payment$1,222.76$735.70
2nd payment$0.00$0.00
Taxes / mo$36.50$36.50
Insurance / mo$150.00$150.00
MI / mo$87.75$21.42
HOA / mo$255.00$255.00
Total monthly$1,752.01$1,198.62
Cash to close$0$11,900