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$198,188$179,550
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.040%7.400%
Blended rate7.590%7.640%
1st payment$1,344.57$1,243.17
2nd payment$0.00$0.00
Taxes / mo$33.50$33.50
Insurance / mo$150.00$150.00
MI / mo$92.26$35.91
HOA / mo$271.00$271.00
Total monthly$1,891.33$1,733.58
Cash to close$1,312$19,950