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$298,234$269,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.400%
Blended rate8.310%7.640%
1st payment$2,195.33$1,868.80
2nd payment$0.00$0.00
Taxes / mo$241.58$241.58
Insurance / mo$150.00$150.00
MI / mo$140.31$53.98
HOA / mo$190.00$190.00
Total monthly$2,917.22$2,504.37
Cash to close$1,666$29,990