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$312,949$306,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.400%
Blended rate7.470%7.640%
1st payment$2,112.43$2,118.68
2nd payment$0.00$0.00
Taxes / mo$216.17$216.17
Insurance / mo$150.00$150.00
MI / mo$146.71$61.20
HOA / mo$280.00$280.00
Total monthly$2,905.31$2,826.05
Cash to close$27,051$34,000