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$295,024$292,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.930%7.400%
Blended rate7.480%7.640%
1st payment$1,980.07$2,025.21
2nd payment$0.00$0.00
Taxes / mo$603.68$603.68
Insurance / mo$150.00$150.00
MI / mo$137.38$58.50
HOA / mo$8.75$8.75
Total monthly$2,879.88$2,846.14
Cash to close$29,976$32,500