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$283,588$274,500
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.240%
Blended rate7.400%7.480%
1st payment$1,890.17$1,870.71
2nd payment$0.00$0.00
Taxes / mo$338.00$338.00
Insurance / mo$150.00$150.00
MI / mo$132.21$54.90
HOA / mo$0.00$0.00
Total monthly$2,510.38$2,413.61
Cash to close$21,412$30,500