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$273,302$265,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.040%7.320%
Blended rate7.590%7.560%
1st payment$1,854.17$1,823.80
2nd payment$0.00$0.00
Taxes / mo$371.50$371.50
Insurance / mo$150.00$150.00
MI / mo$127.22$53.10
HOA / mo$0.00$0.00
Total monthly$2,502.89$2,398.40
Cash to close$21,698$29,500