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$258,435$254,699
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.790%7.400%
Blended rate8.340%7.640%
1st payment$1,905.89$1,763.49
2nd payment$0.00$0.00
Taxes / mo$116.08$116.08
Insurance / mo$150.00$150.00
MI / mo$121.46$50.94
HOA / mo$85.00$85.00
Total monthly$2,378.44$2,165.51
Cash to close$24,564$28,300