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$206,454$175,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.400%
Blended rate7.270%7.640%
1st payment$1,354.02$1,215.13
2nd payment$0.00$0.00
Taxes / mo$183.17$183.17
Insurance / mo$150.00$150.00
MI / mo$153.01$35.10
HOA / mo$125.00$125.00
Total monthly$1,965.19$1,708.39
Cash to close$0$19,500