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$158,530$152,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$1,065.92$1,053.11
2nd payment$0.00$0.00
Taxes / mo$120.83$120.83
Insurance / mo$150.00$150.00
MI / mo$74.26$30.42
HOA / mo$0.00$0.00
Total monthly$1,411.01$1,354.36
Cash to close$10,470$16,900