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$210,835$193,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.540%7.400%
Blended rate6.390%7.640%
1st payment$1,276.73$1,339.75
2nd payment$0.00$0.00
Taxes / mo$140.33$140.33
Insurance / mo$150.00$150.00
MI / mo$158.57$38.70
HOA / mo$0.00$0.00
Total monthly$1,725.64$1,668.79
Cash to close$4,165$21,500