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$274,397$251,100
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.290%7.400%
Blended rate7.840%7.640%
1st payment$1,935.71$1,738.57
2nd payment$0.00$0.00
Taxes / mo$331.60$331.60
Insurance / mo$150.00$150.00
MI / mo$129.54$50.22
HOA / mo$286.00$286.00
Total monthly$2,832.85$2,556.39
Cash to close$4,603$27,900