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$279,794$273,600
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.320%
Blended rate7.170%7.560%
1st payment$1,815.63$1,879.44
2nd payment$0.00$0.00
Taxes / mo$87.67$87.67
Insurance / mo$150.00$150.00
MI / mo$130.03$54.72
HOA / mo$25.00$25.00
Total monthly$2,208.33$2,196.83
Cash to close$24,206$30,400