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$181,501$184,410
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.500%7.320%
Blended rate8.050%7.560%
1st payment$1,304.44$1,266.77
2nd payment$0.00$0.00
Taxes / mo$199.75$199.75
Insurance / mo$150.00$150.00
MI / mo$85.51$36.88
HOA / mo$0.00$0.00
Total monthly$1,739.70$1,653.40
Cash to close$23,399$20,490