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$247,729$239,310
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.200%7.320%
Blended rate7.750%7.560%
1st payment$1,732.88$1,643.89
2nd payment$0.00$0.00
Taxes / mo$287.92$287.92
Insurance / mo$150.00$150.00
MI / mo$117.01$47.86
HOA / mo$110.00$110.00
Total monthly$2,397.80$2,239.67
Cash to close$18,171$26,590