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$216,615$224,910
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.320%
Blended rate7.340%7.560%
1st payment$1,431.97$1,544.98
2nd payment$0.00$0.00
Taxes / mo$111.50$111.50
Insurance / mo$150.00$150.00
MI / mo$160.64$44.98
HOA / mo$0.00$0.00
Total monthly$1,854.11$1,851.46
Cash to close$33,285$24,990