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$283,061$253,800
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$1,832.89$1,757.26
2nd payment$0.00$0.00
Taxes / mo$335.75$335.75
Insurance / mo$150.00$150.00
MI / mo$135.01$50.76
HOA / mo$0.00$0.00
Total monthly$2,453.65$2,293.77
Cash to close$0$28,200