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$204,956$206,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.040%7.400%
Blended rate7.590%7.640%
1st payment$1,390.49$1,426.99
2nd payment$0.00$0.00
Taxes / mo$268.42$268.42
Insurance / mo$150.00$150.00
MI / mo$95.41$41.22
HOA / mo$175.00$175.00
Total monthly$2,079.31$2,061.63
Cash to close$24,044$22,900