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$273,388$220,410
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.320%
Blended rate5.950%7.560%
1st payment$1,593.48$1,514.06
2nd payment$0.00$0.00
Taxes / mo$285.92$285.92
Insurance / mo$150.00$150.00
MI / mo$207.89$44.08
HOA / mo$320.00$320.00
Total monthly$2,557.28$2,314.06
Cash to close$0$24,490