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$260,702$252,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.320%
Blended rate7.580%7.560%
1st payment$1,780.33$1,731.07
2nd payment$0.00$0.00
Taxes / mo$214.08$214.08
Insurance / mo$150.00$150.00
MI / mo$122.28$50.40
HOA / mo$52.00$52.00
Total monthly$2,318.69$2,197.55
Cash to close$19,298$28,000