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$229,136$234,000
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.290%7.240%
Blended rate7.840%7.480%
1st payment$1,613.29$1,594.71
2nd payment$0.00$0.00
Taxes / mo$78.58$78.58
Insurance / mo$150.00$150.00
MI / mo$107.96$46.80
HOA / mo$0.00$0.00
Total monthly$1,949.83$1,870.09
Cash to close$30,864$26,000