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$267,988$234,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.060%7.320%
Blended rate7.610%7.560%
1st payment$1,833.62$1,607.42
2nd payment$0.00$0.00
Taxes / mo$338.18$338.18
Insurance / mo$150.00$150.00
MI / mo$125.56$46.80
HOA / mo$0.00$0.00
Total monthly$2,447.36$2,142.39
Cash to close$0$26,000