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$269,848$270,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.040%7.320%
Blended rate7.590%7.560%
1st payment$1,832.42$1,854.71
2nd payment$0.00$0.00
Taxes / mo$185.08$185.08
Insurance / mo$150.00$150.00
MI / mo$125.73$54.00
HOA / mo$0.00$0.00
Total monthly$2,293.23$2,243.80
Cash to close$30,152$30,000