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$234,872$215,999
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$1,616.03$1,495.53
2nd payment$0.00$0.00
Taxes / mo$121.17$121.17
Insurance / mo$150.00$150.00
MI / mo$173.81$43.20
HOA / mo$125.00$125.00
Total monthly$2,186.00$1,934.90
Cash to close$5,127$24,000