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$301,219$287,999
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.320%
Blended rate7.490%7.560%
1st payment$2,045.29$1,978.35
2nd payment$0.00$0.00
Taxes / mo$113.81$113.81
Insurance / mo$150.00$150.00
MI / mo$141.76$57.60
HOA / mo$0.00$0.00
Total monthly$2,450.86$2,299.77
Cash to close$18,780$32,000