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$276,641$269,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.490%7.400%
Blended rate8.040%7.640%
1st payment$1,990.11$1,868.80
2nd payment$0.00$0.00
Taxes / mo$391.00$391.00
Insurance / mo$150.00$150.00
MI / mo$130.58$53.98
HOA / mo$55.00$55.00
Total monthly$2,716.69$2,518.78
Cash to close$23,259$29,990