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$213,694$216,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.700%7.320%
Blended rate7.550%7.560%
1st payment$1,444.58$1,483.77
2nd payment$0.00$0.00
Taxes / mo$255.75$255.75
Insurance / mo$150.00$150.00
MI / mo$158.57$43.20
HOA / mo$0.00$0.00
Total monthly$2,008.91$1,932.72
Cash to close$26,306$24,000