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$289,452$233,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$1,940.78$1,619.55
2nd payment$0.00$0.00
Taxes / mo$216.58$216.58
Insurance / mo$150.00$150.00
MI / mo$137.71$46.78
HOA / mo$169.00$169.00
Total monthly$2,614.07$2,201.91
Cash to close$0$25,990