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$308,156$269,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.320%
Blended rate6.810%7.560%
1st payment$1,985.06$1,848.53
2nd payment$0.00$0.00
Taxes / mo$143.00$143.00
Insurance / mo$150.00$150.00
MI / mo$147.61$53.82
HOA / mo$416.00$416.00
Total monthly$2,841.67$2,611.35
Cash to close$0$29,900