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$263,251$261,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.080%7.320%
Blended rate7.930%7.560%
1st payment$1,841.92$1,792.89
2nd payment$0.00$0.00
Taxes / mo$284.25$284.25
Insurance / mo$150.00$150.00
MI / mo$194.53$52.20
HOA / mo$53.00$53.00
Total monthly$2,523.70$2,332.34
Cash to close$26,749$29,000