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$193,558$197,100
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate8.250%7.400%
Blended rate8.800%7.640%
1st payment$1,475.31$1,364.68
2nd payment$0.00$0.00
Taxes / mo$76.17$76.17
Insurance / mo$150.00$150.00
MI / mo$90.01$39.42
HOA / mo$0.00$0.00
Total monthly$1,791.49$1,630.27
Cash to close$25,442$21,900