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$207,195$180,000
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$1,344.50$1,236.48
2nd payment$0.00$0.00
Taxes / mo$242.92$242.92
Insurance / mo$150.00$150.00
MI / mo$153.70$36.00
HOA / mo$149.00$149.00
Total monthly$2,040.11$1,814.39
Cash to close$0$20,000