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$224,478$152,910
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.980%7.400%
Blended rate5.830%7.640%
1st payment$1,288.45$1,058.72
2nd payment$0.00$0.00
Taxes / mo$150.04$150.04
Insurance / mo$150.00$150.00
MI / mo$170.40$30.58
HOA / mo$0.00$0.00
Total monthly$1,758.89$1,389.34
Cash to close$0$16,990