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$276,388$270,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.450%7.640%
1st payment$1,869.46$1,869.43
2nd payment$0.00$0.00
Taxes / mo$207.68$207.68
Insurance / mo$150.00$150.00
MI / mo$130.10$54.00
HOA / mo$528.00$528.00
Total monthly$2,885.24$2,809.10
Cash to close$23,612$30,000