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$255,376$247,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.330%7.400%
Blended rate6.880%7.640%
1st payment$1,658.34$1,713.64
2nd payment$0.00$0.00
Taxes / mo$195.83$195.83
Insurance / mo$150.00$150.00
MI / mo$122.41$49.50
HOA / mo$299.00$299.00
Total monthly$2,425.58$2,407.97
Cash to close$19,624$27,500