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$217,352$215,100
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.320%
Blended rate7.120%7.560%
1st payment$1,437.84$1,477.59
2nd payment$0.00$0.00
Taxes / mo$169.92$169.92
Insurance / mo$150.00$150.00
MI / mo$103.51$43.02
HOA / mo$0.00$0.00
Total monthly$1,861.26$1,840.52
Cash to close$21,648$23,900