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$234,109$206,100
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.800%7.640%
1st payment$1,618.32$1,426.99
2nd payment$0.00$0.00
Taxes / mo$183.33$183.33
Insurance / mo$150.00$150.00
MI / mo$173.17$41.22
HOA / mo$0.00$0.00
Total monthly$2,124.83$1,801.55
Cash to close$0$22,900