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$286,382$279,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$1,890.69$1,931.74
2nd payment$0.00$0.00
Taxes / mo$301.96$301.96
Insurance / mo$150.00$150.00
MI / mo$135.13$55.80
HOA / mo$95.33$95.33
Total monthly$2,573.11$2,534.83
Cash to close$23,618$31,000