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$281,940$284,400
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.320%
Blended rate7.410%7.560%
1st payment$1,892.03$1,953.63
2nd payment$0.00$0.00
Taxes / mo$420.58$420.58
Insurance / mo$150.00$150.00
MI / mo$132.21$56.88
HOA / mo$196.00$196.00
Total monthly$2,790.82$2,777.09
Cash to close$34,060$31,600