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$284,490$280,800
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$1,921.67$1,928.90
2nd payment$0.00$0.00
Taxes / mo$187.33$187.33
Insurance / mo$150.00$150.00
MI / mo$134.96$56.16
HOA / mo$40.00$40.00
Total monthly$2,433.96$2,362.39
Cash to close$27,510$31,200