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$254,718$255,600
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$1,701.91$1,755.79
2nd payment$0.00$0.00
Taxes / mo$156.83$156.83
Insurance / mo$150.00$150.00
MI / mo$121.51$51.12
HOA / mo$16.67$16.67
Total monthly$2,146.92$2,130.42
Cash to close$29,282$28,400