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$276,002$247,499
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.880%7.320%
Blended rate6.430%7.560%
1st payment$1,691.05$1,700.15
2nd payment$0.00$0.00
Taxes / mo$436.17$436.17
Insurance / mo$150.00$150.00
MI / mo$130.95$49.50
HOA / mo$196.00$196.00
Total monthly$2,604.17$2,531.81
Cash to close$0$27,500