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$191,702$193,050
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.020%7.400%
Blended rate7.570%7.640%
1st payment$1,309.14$1,336.64
2nd payment$0.00$0.00
Taxes / mo$90.58$90.58
Insurance / mo$150.00$150.00
MI / mo$90.01$38.61
HOA / mo$0.00$0.00
Total monthly$1,639.73$1,615.83
Cash to close$22,798$21,450