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$283,289$279,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$1,897.36$1,916.54
2nd payment$0.00$0.00
Taxes / mo$72.67$72.67
Insurance / mo$150.00$150.00
MI / mo$132.71$55.80
HOA / mo$132.00$132.00
Total monthly$2,384.74$2,327.00
Cash to close$26,711$31,000