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$230,351$171,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.850%7.320%
Blended rate4.700%7.560%
1st payment$1,178.41$1,174.65
2nd payment$0.00$0.00
Taxes / mo$289.92$289.92
Insurance / mo$150.00$150.00
MI / mo$178.05$34.20
HOA / mo$0.00$0.00
Total monthly$1,796.38$1,648.77
Cash to close$0$19,000