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$312,805$287,550
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.320%
Blended rate6.850%7.560%
1st payment$1,953.04$1,975.27
2nd payment$0.00$0.00
Taxes / mo$571.02$571.02
Insurance / mo$150.00$150.00
MI / mo$144.62$57.51
HOA / mo$5.83$5.83
Total monthly$2,824.51$2,759.63
Cash to close$6,695$31,950