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$297,788$235,503
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$1,898.01$1,630.58
2nd payment$0.00$0.00
Taxes / mo$218.06$218.06
Insurance / mo$150.00$150.00
MI / mo$137.63$47.10
HOA / mo$115.00$115.00
Total monthly$2,518.69$2,160.73
Cash to close$0$26,167