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$272,601$135,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.320%
Blended rate6.820%7.560%
1st payment$1,753.49$927.36
2nd payment$0.00$0.00
Taxes / mo$256.97$256.97
Insurance / mo$150.00$150.00
MI / mo$130.25$27.00
HOA / mo$400.00$400.00
Total monthly$2,690.71$1,761.33
Cash to close$0$15,000