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$271,283$264,600
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.320%
Blended rate7.290%7.560%
1st payment$1,780.04$1,817.62
2nd payment$0.00$0.00
Taxes / mo$360.08$360.08
Insurance / mo$150.00$150.00
MI / mo$125.92$52.92
HOA / mo$221.00$221.00
Total monthly$2,637.03$2,601.62
Cash to close$22,717$29,400