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$264,843$206,910
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.720%7.400%
Blended rate5.570%7.640%
1st payment$1,482.45$1,432.60
2nd payment$0.00$0.00
Taxes / mo$316.67$316.67
Insurance / mo$150.00$150.00
MI / mo$202.00$41.38
HOA / mo$384.00$384.00
Total monthly$2,535.11$2,324.65
Cash to close$0$22,990