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$157,189$150,750
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.320%
Blended rate6.670%7.560%
1st payment$998.77$1,035.55
2nd payment$0.00$0.00
Taxes / mo$189.83$189.83
Insurance / mo$150.00$150.00
MI / mo$75.38$30.15
HOA / mo$62.50$62.50
Total monthly$1,476.49$1,468.03
Cash to close$10,311$16,750