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$239,182$174,150
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.360%7.400%
Blended rate7.210%7.640%
1st payment$1,559.60$1,205.78
2nd payment$0.00$0.00
Taxes / mo$270.15$270.15
Insurance / mo$150.00$150.00
MI / mo$177.35$34.83
HOA / mo$466.00$466.00
Total monthly$2,623.10$2,126.76
Cash to close$0$19,350