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$282,512$287,999
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.500%7.560%
1st payment$1,914.41$1,978.35
2nd payment$0.00$0.00
Taxes / mo$528.08$528.08
Insurance / mo$150.00$150.00
MI / mo$132.55$57.60
HOA / mo$10.42$10.42
Total monthly$2,735.47$2,724.46
Cash to close$37,487$32,000