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$255,810$238,500
Remaining term (yrs)29.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.530%7.400%
Blended rate7.080%7.640%
1st payment$1,624.87$1,651.33
2nd payment$0.00$0.00
Taxes / mo$95.92$95.92
Insurance / mo$150.00$150.00
MI / mo$117.46$47.70
HOA / mo$0.00$0.00
Total monthly$1,988.25$1,944.94
Cash to close$9,190$26,500