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$282,097$250,200
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.320%
Blended rate6.080%7.560%
1st payment$1,660.83$1,718.70
2nd payment$0.00$0.00
Taxes / mo$136.00$136.00
Insurance / mo$150.00$150.00
MI / mo$213.52$50.04
HOA / mo$315.00$315.00
Total monthly$2,475.34$2,369.74
Cash to close$0$27,800