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$233,335$229,410
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.240%
Blended rate7.510%7.480%
1st payment$1,600.51$1,563.42
2nd payment$0.00$0.00
Taxes / mo$219.99$219.99
Insurance / mo$150.00$150.00
MI / mo$110.71$45.88
HOA / mo$0.00$0.00
Total monthly$2,081.22$1,979.30
Cash to close$21,565$25,490