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$339,838$269,910
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.000%7.320%
Blended rate5.850%7.560%
1st payment$1,960.81$1,854.09
2nd payment$0.00$0.00
Taxes / mo$249.92$249.92
Insurance / mo$150.00$150.00
MI / mo$258.73$53.98
HOA / mo$152.00$152.00
Total monthly$2,771.45$2,459.99
Cash to close$0$29,990