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$310,128$174,960
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.320%
Blended rate7.090%7.560%
1st payment$2,050.34$1,201.85
2nd payment$0.00$0.00
Taxes / mo$159.33$159.33
Insurance / mo$150.00$150.00
MI / mo$148.06$34.99
HOA / mo$530.00$530.00
Total monthly$3,037.73$2,076.18
Cash to close$0$19,440