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$193,612$189,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.750%7.560%
1st payment$1,332.14$1,298.30
2nd payment$0.00$0.00
Taxes / mo$143.80$143.80
Insurance / mo$150.00$150.00
MI / mo$143.27$37.80
HOA / mo$0.00$0.00
Total monthly$1,769.21$1,629.90
Cash to close$16,388$21,000