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$291,937$279,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.240%
Blended rate7.370%7.480%
1st payment$1,957.40$1,901.38
2nd payment$0.00$0.00
Taxes / mo$371.25$371.25
Insurance / mo$150.00$150.00
MI / mo$137.33$55.80
HOA / mo$197.00$197.00
Total monthly$2,812.99$2,675.43
Cash to close$18,063$31,000