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$128,649$116,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.320%
Blended rate7.440%7.560%
1st payment$865.01$803.09
2nd payment$0.00$0.00
Taxes / mo$168.83$168.83
Insurance / mo$150.00$150.00
MI / mo$60.26$23.38
HOA / mo$65.00$65.00
Total monthly$1,309.10$1,210.31
Cash to close$1,251$12,990