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$222,662$190,800
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.320%
Blended rate7.990%7.560%
1st payment$1,591.37$1,310.66
2nd payment$0.00$0.00
Taxes / mo$323.17$323.17
Insurance / mo$150.00$150.00
MI / mo$104.93$38.16
HOA / mo$0.00$0.00
Total monthly$2,169.46$1,821.99
Cash to close$0$21,200