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$254,767$244,800
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.320%
Blended rate7.330%7.560%
1st payment$1,694.67$1,681.61
2nd payment$0.00$0.00
Taxes / mo$171.50$171.50
Insurance / mo$150.00$150.00
MI / mo$119.39$48.96
HOA / mo$0.00$0.00
Total monthly$2,135.55$2,052.07
Cash to close$17,233$27,200