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$152,082$94,248
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.000%7.400%
Blended rate3.850%7.640%
1st payment$724.44$652.55
2nd payment$0.00$0.00
Taxes / mo$193.08$193.08
Insurance / mo$150.00$150.00
MI / mo$121.71$18.85
HOA / mo$0.00$0.00
Total monthly$1,189.24$1,014.49
Cash to close$0$10,472