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$284,659$279,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$1,948.48$1,931.74
2nd payment$0.00$0.00
Taxes / mo$114.50$114.50
Insurance / mo$150.00$150.00
MI / mo$134.78$55.80
HOA / mo$0.00$0.00
Total monthly$2,347.75$2,252.04
Cash to close$25,341$31,000