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$352,191$221,850
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.980%7.320%
Blended rate5.830%7.560%
1st payment$2,024.71$1,523.96
2nd payment$0.00$0.00
Taxes / mo$131.17$131.17
Insurance / mo$150.00$150.00
MI / mo$267.77$44.37
HOA / mo$425.00$425.00
Total monthly$2,998.64$2,274.49
Cash to close$0$24,650