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$272,620$224,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.320%
Blended rate7.220%7.560%
1st payment$1,818.88$1,539.41
2nd payment$0.00$0.00
Taxes / mo$423.25$423.25
Insurance / mo$150.00$150.00
MI / mo$129.59$44.82
HOA / mo$11.67$11.67
Total monthly$2,533.39$2,169.15
Cash to close$0$24,900