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$215,693$205,200
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.310%7.320%
Blended rate7.160%7.560%
1st payment$1,399.64$1,409.58
2nd payment$0.00$0.00
Taxes / mo$170.67$170.67
Insurance / mo$150.00$150.00
MI / mo$160.00$41.04
HOA / mo$0.00$0.00
Total monthly$1,880.31$1,771.29
Cash to close$12,307$22,800