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$247,741$242,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.400%
Blended rate7.290%7.640%
1st payment$1,648.18$1,676.25
2nd payment$0.00$0.00
Taxes / mo$202.08$202.08
Insurance / mo$150.00$150.00
MI / mo$116.59$48.42
HOA / mo$151.00$151.00
Total monthly$2,267.85$2,227.75
Cash to close$21,259$26,900