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$276,599$267,300
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$1,840.09$1,836.17
2nd payment$0.00$0.00
Taxes / mo$146.75$146.75
Insurance / mo$150.00$150.00
MI / mo$128.71$53.46
HOA / mo$40.00$40.00
Total monthly$2,305.55$2,226.38
Cash to close$20,401$29,700