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$284,269$269,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$1,922.25$1,863.19
2nd payment$0.00$0.00
Taxes / mo$309.00$309.00
Insurance / mo$150.00$150.00
MI / mo$135.00$53.82
HOA / mo$110.00$110.00
Total monthly$2,626.25$2,486.01
Cash to close$14,731$29,900