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$283,242$269,910
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.090%7.400%
Blended rate7.640%7.640%
1st payment$1,949.21$1,868.80
2nd payment$0.00$0.00
Taxes / mo$525.00$525.00
Insurance / mo$150.00$150.00
MI / mo$133.07$53.98
HOA / mo$16.25$16.25
Total monthly$2,773.53$2,614.04
Cash to close$16,658$29,990