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$214,759$103,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.280%7.320%
Blended rate6.830%7.560%
1st payment$1,382.78$710.97
2nd payment$0.00$0.00
Taxes / mo$388.92$388.92
Insurance / mo$150.00$150.00
MI / mo$102.61$20.70
HOA / mo$0.00$0.00
Total monthly$2,024.30$1,270.59
Cash to close$0$11,500