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$218,351$174,303
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$1,428.51$1,206.84
2nd payment$0.00$0.00
Taxes / mo$78.42$78.42
Insurance / mo$150.00$150.00
MI / mo$101.26$34.86
HOA / mo$0.00$0.00
Total monthly$1,758.18$1,470.12
Cash to close$0$19,367