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$282,340$242,999
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.780%7.400%
Blended rate6.630%7.640%
1st payment$1,753.37$1,682.48
2nd payment$0.00$0.00
Taxes / mo$385.50$385.50
Insurance / mo$150.00$150.00
MI / mo$212.13$48.60
HOA / mo$282.00$282.00
Total monthly$2,782.99$2,548.58
Cash to close$0$27,000