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$187,666$58,500
Remaining term (yrs)24.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.770%7.400%
Blended rate3.620%7.640%
1st payment$884.15$405.04
2nd payment$0.00$0.00
Taxes / mo$60.42$60.42
Insurance / mo$150.00$150.00
MI / mo$153.01$11.70
HOA / mo$0.00$0.00
Total monthly$1,247.58$627.16
Cash to close$0$6,500