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$229,562$215,910
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.400%
Blended rate7.490%7.640%
1st payment$1,555.63$1,494.92
2nd payment$0.00$0.00
Taxes / mo$298.42$298.42
Insurance / mo$150.00$150.00
MI / mo$107.82$43.18
HOA / mo$160.00$160.00
Total monthly$2,271.87$2,146.52
Cash to close$10,338$23,990