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$270,575$261,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$1,812.20$1,792.89
2nd payment$0.00$0.00
Taxes / mo$374.46$374.46
Insurance / mo$150.00$150.00
MI / mo$126.76$52.20
HOA / mo$0.00$0.00
Total monthly$2,463.42$2,369.55
Cash to close$19,425$29,000