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$268,041$255,510
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.400%
Blended rate6.940%7.640%
1st payment$1,742.44$1,769.10
2nd payment$0.00$0.00
Taxes / mo$169.42$169.42
Insurance / mo$150.00$150.00
MI / mo$127.81$51.10
HOA / mo$210.00$210.00
Total monthly$2,399.66$2,349.62
Cash to close$15,859$28,390