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$147,088$150,300
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.750%7.640%
1st payment$1,012.03$1,040.65
2nd payment$0.00$0.00
Taxes / mo$55.75$55.75
Insurance / mo$150.00$150.00
MI / mo$108.85$30.06
HOA / mo$0.00$0.00
Total monthly$1,326.63$1,276.46
Cash to close$19,912$16,700