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$186,147$117,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.320%
Blended rate7.170%7.560%
1st payment$1,215.13$803.71
2nd payment$0.00$0.00
Taxes / mo$94.58$94.58
Insurance / mo$150.00$150.00
MI / mo$87.02$23.40
HOA / mo$554.00$554.00
Total monthly$2,100.74$1,625.69
Cash to close$0$13,000