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$253,279$235,800
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.250%7.320%
Blended rate6.800%7.560%
1st payment$1,581.21$1,619.78
2nd payment$0.00$0.00
Taxes / mo$74.42$74.42
Insurance / mo$0.00$0.00
MI / mo$117.70$47.16
HOA / mo$210.00$210.00
Total monthly$1,983.33$1,951.36
Cash to close$8,721$26,200