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$267,252$189,000
Remaining term (yrs)24.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.740%7.320%
Blended rate3.590%7.560%
1st payment$1,249.02$1,298.30
2nd payment$0.00$0.00
Taxes / mo$163.61$163.61
Insurance / mo$150.00$150.00
MI / mo$217.00$37.80
HOA / mo$667.00$667.00
Total monthly$2,446.63$2,316.71
Cash to close$0$21,000