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$272,505$269,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$1,827.14$1,868.80
2nd payment$0.00$0.00
Taxes / mo$68.58$68.58
Insurance / mo$150.00$150.00
MI / mo$129.65$53.98
HOA / mo$0.00$0.00
Total monthly$2,175.37$2,141.37
Cash to close$27,395$29,990