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$253,004$249,210
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$1,701.61$1,711.90
2nd payment$0.00$0.00
Taxes / mo$230.75$230.75
Insurance / mo$150.00$150.00
MI / mo$119.39$49.84
HOA / mo$0.00$0.00
Total monthly$2,201.74$2,142.49
Cash to close$23,896$27,690