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$284,690$265,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.400%
Blended rate6.980%7.640%
1st payment$1,857.89$1,838.27
2nd payment$0.00$0.00
Taxes / mo$365.83$365.83
Insurance / mo$150.00$150.00
MI / mo$135.71$53.10
HOA / mo$0.00$0.00
Total monthly$2,509.44$2,407.20
Cash to close$10,310$29,500