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$283,152$252,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$1,912.63$1,731.07
2nd payment$0.00$0.00
Taxes / mo$165.17$165.17
Insurance / mo$150.00$150.00
MI / mo$134.33$50.40
HOA / mo$165.00$165.00
Total monthly$2,527.12$2,261.63
Cash to close$0$28,000