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$247,962$214,200
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.320%
Blended rate8.310%7.560%
1st payment$1,823.65$1,471.41
2nd payment$0.00$0.00
Taxes / mo$355.04$355.04
Insurance / mo$150.00$150.00
MI / mo$116.56$42.84
HOA / mo$0.00$0.00
Total monthly$2,445.25$2,019.28
Cash to close$0$23,800