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$311,614$279,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.290%7.400%
Blended rate7.140%7.640%
1st payment$2,025.70$1,931.74
2nd payment$0.00$0.00
Taxes / mo$709.75$709.75
Insurance / mo$150.00$150.00
MI / mo$232.06$55.80
HOA / mo$22.92$22.92
Total monthly$3,140.43$2,870.21
Cash to close$0$31,000