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$307,691$258,300
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$2,063.03$1,774.34
2nd payment$0.00$0.00
Taxes / mo$134.50$134.50
Insurance / mo$150.00$150.00
MI / mo$144.74$51.66
HOA / mo$0.00$0.00
Total monthly$2,492.27$2,110.50
Cash to close$0$28,700