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$301,178$278,910
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.400%
Blended rate7.340%7.640%
1st payment$2,013.48$1,931.12
2nd payment$0.00$0.00
Taxes / mo$592.70$592.70
Insurance / mo$150.00$150.00
MI / mo$141.70$55.78
HOA / mo$78.00$78.00
Total monthly$2,975.88$2,807.60
Cash to close$8,722$30,990