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$257,306$247,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.750%7.400%
Blended rate7.300%7.640%
1st payment$1,718.85$1,713.64
2nd payment$0.00$0.00
Taxes / mo$296.17$296.17
Insurance / mo$150.00$150.00
MI / mo$121.46$49.50
HOA / mo$0.00$0.00
Total monthly$2,286.48$2,209.31
Cash to close$17,694$27,500