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$267,963$261,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.320%
Blended rate7.540%7.560%
1st payment$1,822.86$1,792.89
2nd payment$0.00$0.00
Taxes / mo$134.17$134.17
Insurance / mo$150.00$150.00
MI / mo$125.71$52.20
HOA / mo$0.00$0.00
Total monthly$2,232.74$2,129.26
Cash to close$22,037$29,000