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$177,158$171,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.130%7.320%
Blended rate6.680%7.560%
1st payment$1,128.18$1,174.65
2nd payment$0.00$0.00
Taxes / mo$114.67$114.67
Insurance / mo$150.00$150.00
MI / mo$85.06$34.20
HOA / mo$0.00$0.00
Total monthly$1,477.90$1,473.52
Cash to close$12,842$19,000