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$181,144$189,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.310%7.400%
Blended rate7.860%7.640%
1st payment$1,280.26$1,308.60
2nd payment$0.00$0.00
Taxes / mo$50.17$50.17
Insurance / mo$150.00$150.00
MI / mo$85.51$37.80
HOA / mo$0.00$0.00
Total monthly$1,565.93$1,546.56
Cash to close$28,856$21,000