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$203,313$189,000
Remaining term (yrs)10.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.220%7.320%
Blended rate5.070%7.560%
1st payment$1,963.22$1,298.30
2nd payment$0.00$0.00
Taxes / mo$377.61$377.61
Insurance / mo$150.00$150.00
MI / mo$185.23$37.80
HOA / mo$0.00$0.00
Total monthly$2,676.06$1,863.71
Cash to close$6,687$21,000