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$277,732$259,200
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$1,903.05$1,794.65
2nd payment$0.00$0.00
Taxes / mo$187.67$187.67
Insurance / mo$150.00$150.00
MI / mo$131.63$51.84
HOA / mo$35.00$35.00
Total monthly$2,407.35$2,219.16
Cash to close$10,268$28,800