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$194,512$188,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$1,316.73$1,297.68
2nd payment$0.00$0.00
Taxes / mo$174.92$174.92
Insurance / mo$150.00$150.00
MI / mo$90.46$37.78
HOA / mo$0.00$0.00
Total monthly$1,732.11$1,660.38
Cash to close$15,388$20,990