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$304,111$193,131
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.870%7.320%
Blended rate3.720%7.560%
1st payment$1,424.90$1,326.68
2nd payment$0.00$0.00
Taxes / mo$178.83$178.83
Insurance / mo$150.00$150.00
MI / mo$243.43$38.63
HOA / mo$0.00$0.00
Total monthly$1,997.15$1,694.13
Cash to close$0$21,459