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$286,125$280,800
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.320%
Blended rate7.190%7.560%
1st payment$1,889.00$1,928.90
2nd payment$0.00$0.00
Taxes / mo$149.25$149.25
Insurance / mo$150.00$150.00
MI / mo$135.00$56.16
HOA / mo$185.00$185.00
Total monthly$2,508.25$2,469.31
Cash to close$25,875$31,200