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$133,768$116,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.450%7.560%
1st payment$911.37$803.09
2nd payment$0.00$0.00
Taxes / mo$78.50$78.50
Insurance / mo$150.00$150.00
MI / mo$63.42$23.38
HOA / mo$50.00$50.00
Total monthly$1,253.30$1,104.97
Cash to close$0$12,990