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$189,450$200,250
Remaining term (yrs)17.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.180%7.400%
Blended rate6.730%7.640%
1st payment$1,466.79$1,386.49
2nd payment$0.00$0.00
Taxes / mo$86.50$86.50
Insurance / mo$150.00$150.00
MI / mo$92.49$40.05
HOA / mo$0.00$0.00
Total monthly$1,795.78$1,663.04
Cash to close$33,050$22,250