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$257,363$229,500
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.220%7.320%
Blended rate6.770%7.560%
1st payment$1,590.40$1,576.51
2nd payment$0.00$0.00
Taxes / mo$157.67$157.67
Insurance / mo$150.00$150.00
MI / mo$118.76$45.90
HOA / mo$0.00$0.00
Total monthly$2,016.83$1,930.07
Cash to close$0$25,500