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$290,227$274,410
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.320%
Blended rate7.170%7.560%
1st payment$1,885.16$1,885.01
2nd payment$0.00$0.00
Taxes / mo$64.25$64.25
Insurance / mo$150.00$150.00
MI / mo$135.01$54.88
HOA / mo$0.00$0.00
Total monthly$2,234.42$2,154.14
Cash to close$14,673$30,490