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$234,970$238,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.320%
Blended rate7.440%7.560%
1st payment$1,581.44$1,638.33
2nd payment$0.00$0.00
Taxes / mo$223.50$223.50
Insurance / mo$150.00$150.00
MI / mo$110.17$47.70
HOA / mo$0.00$0.00
Total monthly$2,065.11$2,059.53
Cash to close$30,030$26,500