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$187,317$189,000
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.330%7.320%
Blended rate7.180%7.560%
1st payment$1,219.36$1,298.30
2nd payment$0.00$0.00
Taxes / mo$178.67$178.67
Insurance / mo$150.00$150.00
MI / mo$139.10$37.80
HOA / mo$0.00$0.00
Total monthly$1,687.13$1,664.77
Cash to close$22,683$21,000