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$282,009$279,000
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.780%7.400%
Blended rate6.630%7.640%
1st payment$1,781.91$1,931.74
2nd payment$0.00$0.00
Taxes / mo$258.33$258.33
Insurance / mo$150.00$150.00
MI / mo$212.82$55.80
HOA / mo$0.00$0.00
Total monthly$2,403.07$2,395.87
Cash to close$27,991$31,000