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$254,147$256,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.800%7.560%
1st payment$1,754.88$1,761.98
2nd payment$0.00$0.00
Taxes / mo$66.33$66.33
Insurance / mo$150.00$150.00
MI / mo$187.79$51.30
HOA / mo$94.00$94.00
Total monthly$2,253.00$2,123.61
Cash to close$30,853$28,500