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$283,607$278,100
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.320%
Blended rate7.420%7.560%
1st payment$1,894.02$1,910.35
2nd payment$0.00$0.00
Taxes / mo$257.50$257.50
Insurance / mo$150.00$150.00
MI / mo$132.21$55.62
HOA / mo$285.00$285.00
Total monthly$2,718.73$2,658.47
Cash to close$25,393$30,900