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$281,343$269,910
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$1,892.20$1,868.80
2nd payment$0.00$0.00
Taxes / mo$124.42$124.42
Insurance / mo$150.00$150.00
MI / mo$132.76$53.98
HOA / mo$213.00$213.00
Total monthly$2,512.38$2,410.20
Cash to close$18,557$29,990