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$301,737$292,410
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.320%
Blended rate7.430%7.560%
1st payment$2,032.87$2,008.65
2nd payment$0.00$0.00
Taxes / mo$131.92$131.92
Insurance / mo$150.00$150.00
MI / mo$141.76$58.48
HOA / mo$0.00$0.00
Total monthly$2,456.55$2,349.05
Cash to close$23,163$32,490