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$291,857$256,050
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$1,926.84$1,772.84
2nd payment$0.00$0.00
Taxes / mo$113.75$113.75
Insurance / mo$150.00$150.00
MI / mo$137.71$51.21
HOA / mo$157.00$157.00
Total monthly$2,485.30$2,244.80
Cash to close$0$28,450