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$267,967$252,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.450%7.640%
1st payment$1,810.68$1,744.80
2nd payment$0.00$0.00
Taxes / mo$233.33$233.33
Insurance / mo$150.00$150.00
MI / mo$126.01$50.40
HOA / mo$700.00$700.00
Total monthly$3,020.02$2,878.53
Cash to close$12,033$28,000