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$255,682$252,900
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$1,712.45$1,751.03
2nd payment$0.00$0.00
Taxes / mo$265.86$265.86
Insurance / mo$150.00$150.00
MI / mo$121.51$50.58
HOA / mo$0.00$0.00
Total monthly$2,249.82$2,217.47
Cash to close$25,318$28,100