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$295,563$287,100
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$1,975.94$1,987.82
2nd payment$0.00$0.00
Taxes / mo$425.15$425.15
Insurance / mo$150.00$150.00
MI / mo$139.06$57.42
HOA / mo$27.00$27.00
Total monthly$2,717.15$2,647.39
Cash to close$23,437$31,900