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$311,589$305,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.400%
Blended rate7.210%7.640%
1st payment$2,063.33$2,112.45
2nd payment$0.00$0.00
Taxes / mo$178.00$178.00
Insurance / mo$150.00$150.00
MI / mo$147.16$61.02
HOA / mo$30.00$30.00
Total monthly$2,568.49$2,531.47
Cash to close$27,411$33,900