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$281,114$269,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$1,903.07$1,863.19
2nd payment$0.00$0.00
Taxes / mo$257.50$257.50
Insurance / mo$150.00$150.00
MI / mo$131.77$53.82
HOA / mo$57.67$57.67
Total monthly$2,500.01$2,382.18
Cash to close$17,886$29,900