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$288,966$287,910
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$1,905.30$1,977.74
2nd payment$0.00$0.00
Taxes / mo$178.42$178.42
Insurance / mo$150.00$150.00
MI / mo$138.16$57.58
HOA / mo$425.00$425.00
Total monthly$2,796.88$2,788.74
Cash to close$30,934$31,990