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$221,932$135,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.540%7.400%
Blended rate6.390%7.640%
1st payment$1,343.93$934.71
2nd payment$0.00$0.00
Taxes / mo$203.17$203.17
Insurance / mo$150.00$150.00
MI / mo$166.92$27.00
HOA / mo$0.00$0.00
Total monthly$1,864.02$1,314.88
Cash to close$0$15,000