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$283,061$252,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$1,832.89$1,731.07
2nd payment$0.00$0.00
Taxes / mo$320.83$320.83
Insurance / mo$150.00$150.00
MI / mo$135.01$50.40
HOA / mo$273.00$273.00
Total monthly$2,711.74$2,525.30
Cash to close$0$28,000