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$276,188$233,100
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.320%
Blended rate7.670%7.560%
1st payment$1,917.43$1,601.24
2nd payment$0.00$0.00
Taxes / mo$325.25$325.25
Insurance / mo$150.00$150.00
MI / mo$130.51$46.62
HOA / mo$55.00$55.00
Total monthly$2,578.19$2,178.11
Cash to close$0$25,900