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$286,124$223,650
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.320%
Blended rate8.120%7.560%
1st payment$2,073.57$1,536.32
2nd payment$0.00$0.00
Taxes / mo$401.67$401.67
Insurance / mo$150.00$150.00
MI / mo$135.00$44.73
HOA / mo$25.00$25.00
Total monthly$2,785.24$2,157.72
Cash to close$0$24,850