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$258,552$252,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.400%
Blended rate7.290%7.640%
1st payment$1,720.10$1,744.80
2nd payment$0.00$0.00
Taxes / mo$158.08$158.08
Insurance / mo$150.00$150.00
MI / mo$121.68$50.40
HOA / mo$150.00$150.00
Total monthly$2,299.86$2,253.28
Cash to close$21,448$28,000