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$280,200$269,010
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.320%
Blended rate7.510%7.560%
1st payment$1,886.13$1,847.91
2nd payment$0.00$0.00
Taxes / mo$70.58$70.58
Insurance / mo$150.00$150.00
MI / mo$130.46$53.80
HOA / mo$2.08$2.08
Total monthly$2,239.26$2,124.38
Cash to close$18,700$29,890