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$276,888$269,775
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.400%
Blended rate7.770%7.640%
1st payment$1,936.69$1,867.87
2nd payment$0.00$0.00
Taxes / mo$388.25$388.25
Insurance / mo$150.00$150.00
MI / mo$130.51$53.96
HOA / mo$0.00$0.00
Total monthly$2,605.44$2,460.07
Cash to close$22,862$29,975