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$244,345$242,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.070%7.320%
Blended rate7.620%7.560%
1st payment$1,690.07$1,668.62
2nd payment$0.00$0.00
Taxes / mo$129.50$129.50
Insurance / mo$150.00$150.00
MI / mo$115.61$48.58
HOA / mo$0.00$0.00
Total monthly$2,085.19$1,996.71
Cash to close$25,555$26,990