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$384,058$243,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.870%7.400%
Blended rate3.720%7.640%
1st payment$1,791.31$1,682.48
2nd payment$0.00$0.00
Taxes / mo$193.08$193.08
Insurance / mo$150.00$150.00
MI / mo$306.02$48.60
HOA / mo$0.00$0.00
Total monthly$2,440.41$2,074.17
Cash to close$0$27,000