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$288,601$277,110
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.320%
Blended rate7.270%7.560%
1st payment$1,904.61$1,903.55
2nd payment$0.00$0.00
Taxes / mo$491.89$491.89
Insurance / mo$150.00$150.00
MI / mo$135.00$55.42
HOA / mo$17.00$17.00
Total monthly$2,698.51$2,617.86
Cash to close$19,299$30,790