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$231,522$211,500
Remaining term (yrs)29.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$1,487.59$1,464.38
2nd payment$0.00$0.00
Taxes / mo$25.58$25.58
Insurance / mo$150.00$150.00
MI / mo$106.21$42.30
HOA / mo$0.00$0.00
Total monthly$1,769.38$1,682.27
Cash to close$3,478$23,500