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$161,742$170,100
Remaining term (yrs)21.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.400%
Blended rate6.940%7.640%
1st payment$1,148.43$1,177.74
2nd payment$0.00$0.00
Taxes / mo$137.83$137.83
Insurance / mo$150.00$150.00
MI / mo$78.76$34.02
HOA / mo$0.00$0.00
Total monthly$1,515.01$1,499.59
Cash to close$27,258$18,900