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$275,714$225,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.320%
Blended rate7.340%7.560%
1st payment$1,860.84$1,545.59
2nd payment$0.00$0.00
Taxes / mo$252.17$252.17
Insurance / mo$150.00$150.00
MI / mo$130.96$45.00
HOA / mo$240.00$240.00
Total monthly$2,633.96$2,232.76
Cash to close$0$25,000