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$277,208$211,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.320%
Blended rate7.280%7.560%
1st payment$1,868.50$1,452.86
2nd payment$0.00$0.00
Taxes / mo$338.25$338.25
Insurance / mo$150.00$150.00
MI / mo$132.31$42.30
HOA / mo$37.50$37.50
Total monthly$2,526.56$2,020.91
Cash to close$0$23,500