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$279,829$274,500
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.400%
Blended rate7.510%7.640%
1st payment$1,882.31$1,900.58
2nd payment$0.00$0.00
Taxes / mo$348.92$348.92
Insurance / mo$150.00$150.00
MI / mo$207.48$54.90
HOA / mo$95.00$95.00
Total monthly$2,683.70$2,549.40
Cash to close$25,171$30,500