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$237,329$179,100
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.320%
Blended rate5.950%7.560%
1st payment$1,381.13$1,230.29
2nd payment$0.00$0.00
Taxes / mo$195.92$195.92
Insurance / mo$150.00$150.00
MI / mo$180.18$35.82
HOA / mo$0.00$0.00
Total monthly$1,907.23$1,612.03
Cash to close$0$19,900