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$479,811$298,800
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.840%7.320%
Blended rate3.690%7.560%
1st payment$2,230.49$2,052.55
2nd payment$0.00$0.00
Taxes / mo$404.17$404.17
Insurance / mo$150.00$150.00
MI / mo$382.53$59.76
HOA / mo$0.00$0.00
Total monthly$3,167.18$2,666.48
Cash to close$0$33,200