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$262,791$242,910
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.130%7.320%
Blended rate5.980%7.560%
1st payment$1,524.54$1,668.62
2nd payment$0.00$0.00
Taxes / mo$341.00$341.00
Insurance / mo$150.00$150.00
MI / mo$198.22$48.58
HOA / mo$0.00$0.00
Total monthly$2,213.75$2,208.21
Cash to close$7,109$26,990