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$294,188$278,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$1,873.06$1,915.92
2nd payment$0.00$0.00
Taxes / mo$287.08$287.08
Insurance / mo$150.00$150.00
MI / mo$137.97$55.78
HOA / mo$38.00$38.00
Total monthly$2,486.11$2,446.78
Cash to close$15,712$30,990