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$250,835$224,910
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.400%
Blended rate8.310%7.640%
1st payment$1,844.78$1,557.23
2nd payment$0.00$0.00
Taxes / mo$171.75$171.75
Insurance / mo$150.00$150.00
MI / mo$117.91$44.98
HOA / mo$0.00$0.00
Total monthly$2,284.44$1,923.96
Cash to close$0$24,990