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$136,318$136,800
Remaining term (yrs)21.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.800%7.320%
Blended rate8.350%7.560%
1st payment$1,080.06$939.72
2nd payment$0.00$0.00
Taxes / mo$87.25$87.25
Insurance / mo$150.00$150.00
MI / mo$65.25$27.36
HOA / mo$0.00$0.00
Total monthly$1,382.57$1,204.33
Cash to close$15,682$15,200