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$288,016$269,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.470%7.400%
Blended rate7.020%7.640%
1st payment$1,855.99$1,863.19
2nd payment$0.00$0.00
Taxes / mo$331.75$331.75
Insurance / mo$150.00$150.00
MI / mo$135.00$53.82
HOA / mo$160.00$160.00
Total monthly$2,632.74$2,558.76
Cash to close$10,984$29,900