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$165,361$126,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.320%
Blended rate7.340%7.560%
1st payment$1,106.63$865.53
2nd payment$0.00$0.00
Taxes / mo$61.75$61.75
Insurance / mo$150.00$150.00
MI / mo$77.88$25.20
HOA / mo$0.00$0.00
Total monthly$1,396.26$1,102.48
Cash to close$0$14,000