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$253,417$240,300
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$1,699.13$1,663.79
2nd payment$0.00$0.00
Taxes / mo$345.98$345.98
Insurance / mo$150.00$150.00
MI / mo$119.21$48.06
HOA / mo$200.00$200.00
Total monthly$2,514.32$2,407.83
Cash to close$13,583$26,700