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$271,685$260,100
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.290%7.400%
Blended rate7.840%7.640%
1st payment$1,916.58$1,800.88
2nd payment$0.00$0.00
Taxes / mo$102.00$102.00
Insurance / mo$150.00$150.00
MI / mo$128.26$52.02
HOA / mo$0.00$0.00
Total monthly$2,296.84$2,104.90
Cash to close$17,315$28,900