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$213,162$207,000
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$1,414.02$1,433.23
2nd payment$0.00$0.00
Taxes / mo$108.50$108.50
Insurance / mo$150.00$150.00
MI / mo$99.01$41.40
HOA / mo$0.00$0.00
Total monthly$1,771.52$1,733.13
Cash to close$16,838$23,000