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$244,583$242,010
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$1,657.39$1,675.63
2nd payment$0.00$0.00
Taxes / mo$113.58$113.58
Insurance / mo$150.00$150.00
MI / mo$114.76$48.40
HOA / mo$0.00$0.00
Total monthly$2,035.73$1,987.61
Cash to close$24,317$26,890