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$282,398$272,700
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.660%7.560%
1st payment$1,922.31$1,873.26
2nd payment$0.00$0.00
Taxes / mo$290.08$290.08
Insurance / mo$150.00$150.00
MI / mo$135.01$54.54
HOA / mo$100.00$100.00
Total monthly$2,597.41$2,467.88
Cash to close$20,602$30,300