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$265,066$252,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.400%
Blended rate7.670%7.640%
1st payment$1,842.07$1,744.80
2nd payment$0.00$0.00
Taxes / mo$302.33$302.33
Insurance / mo$150.00$150.00
MI / mo$125.38$50.40
HOA / mo$83.00$83.00
Total monthly$2,502.79$2,330.53
Cash to close$14,934$28,000