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$301,542$297,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.400%
Blended rate7.500%7.640%
1st payment$2,053.59$2,056.37
2nd payment$0.00$0.00
Taxes / mo$268.92$268.92
Insurance / mo$150.00$150.00
MI / mo$142.19$59.40
HOA / mo$19.67$19.67
Total monthly$2,634.37$2,554.35
Cash to close$28,458$33,000