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$155,911$45,000
Remaining term (yrs)16.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.530%7.320%
Blended rate4.380%7.560%
1st payment$1,040.01$309.12
2nd payment$0.00$0.00
Taxes / mo$1.83$1.83
Insurance / mo$150.00$150.00
MI / mo$163.44$9.00
HOA / mo$0.00$0.00
Total monthly$1,355.28$469.95
Cash to close$0$5,000