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$283,031$247,410
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.700%7.400%
Blended rate6.550%7.640%
1st payment$1,743.85$1,713.02
2nd payment$0.00$0.00
Taxes / mo$224.50$224.50
Insurance / mo$150.00$150.00
MI / mo$212.82$49.48
HOA / mo$0.00$0.00
Total monthly$2,331.18$2,137.00
Cash to close$0$27,490