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$293,685$185,760
Remaining term (yrs)36.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.400%
Blended rate6.640%7.640%
1st payment$1,666.52$1,286.16
2nd payment$0.00$0.00
Taxes / mo$262.67$262.67
Insurance / mo$150.00$150.00
MI / mo$137.25$37.15
HOA / mo$66.67$66.67
Total monthly$2,283.12$1,802.65
Cash to close$0$20,640