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$261,340$197,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.400%
Blended rate6.890%7.640%
1st payment$1,690.59$1,370.29
2nd payment$0.00$0.00
Taxes / mo$295.92$295.92
Insurance / mo$150.00$150.00
MI / mo$124.66$39.58
HOA / mo$0.00$0.00
Total monthly$2,261.17$1,855.79
Cash to close$0$21,990