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$281,539$273,600
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$1,917.37$1,894.35
2nd payment$0.00$0.00
Taxes / mo$183.75$183.75
Insurance / mo$150.00$150.00
MI / mo$132.76$54.72
HOA / mo$0.00$0.00
Total monthly$2,383.88$2,282.82
Cash to close$22,461$30,400