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$309,266$297,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.930%7.320%
Blended rate7.480%7.560%
1st payment$2,075.66$2,040.18
2nd payment$0.00$0.00
Taxes / mo$262.42$262.42
Insurance / mo$150.00$150.00
MI / mo$144.01$59.40
HOA / mo$200.00$200.00
Total monthly$2,832.08$2,712.00
Cash to close$20,734$33,000