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$266,226$215,991
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.320%
Blended rate8.120%7.560%
1st payment$1,925.79$1,483.71
2nd payment$0.00$0.00
Taxes / mo$253.58$253.58
Insurance / mo$150.00$150.00
MI / mo$125.37$43.20
HOA / mo$100.00$100.00
Total monthly$2,554.75$2,030.49
Cash to close$0$23,999