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$254,404$243,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$1,657.46$1,669.24
2nd payment$0.00$0.00
Taxes / mo$419.33$419.33
Insurance / mo$150.00$150.00
MI / mo$118.34$48.60
HOA / mo$0.00$0.00
Total monthly$2,345.13$2,287.17
Cash to close$15,596$27,000