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$288,739$256,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.240%
Blended rate7.220%7.480%
1st payment$1,926.43$1,748.04
2nd payment$0.00$0.00
Taxes / mo$365.08$365.08
Insurance / mo$150.00$150.00
MI / mo$137.25$51.30
HOA / mo$165.00$165.00
Total monthly$2,743.76$2,479.43
Cash to close$0$28,500