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$212,701$193,410
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$1,424.58$1,339.13
2nd payment$0.00$0.00
Taxes / mo$248.17$248.17
Insurance / mo$150.00$150.00
MI / mo$101.08$38.68
HOA / mo$0.00$0.00
Total monthly$1,923.83$1,775.98
Cash to close$2,199$21,490