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$236,215$228,600
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.320%
Blended rate7.330%7.560%
1st payment$1,565.08$1,570.32
2nd payment$0.00$0.00
Taxes / mo$255.83$255.83
Insurance / mo$150.00$150.00
MI / mo$110.26$45.72
HOA / mo$25.00$25.00
Total monthly$2,106.17$2,046.88
Cash to close$17,785$25,400