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$209,695$184,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.320%
Blended rate7.440%7.560%
1st payment$1,401.85$1,267.39
2nd payment$0.00$0.00
Taxes / mo$77.67$77.67
Insurance / mo$150.00$150.00
MI / mo$97.66$36.90
HOA / mo$795.00$795.00
Total monthly$2,522.17$2,326.95
Cash to close$0$20,500