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$238,886$175,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.980%7.400%
Blended rate5.830%7.640%
1st payment$1,373.33$1,215.13
2nd payment$0.00$0.00
Taxes / mo$167.83$167.83
Insurance / mo$150.00$150.00
MI / mo$181.62$35.10
HOA / mo$392.00$392.00
Total monthly$2,264.79$1,960.06
Cash to close$0$19,500