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$291,904$296,100
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.320%
Blended rate7.770%7.560%
1st payment$2,014.46$2,034.00
2nd payment$0.00$0.00
Taxes / mo$365.42$365.42
Insurance / mo$150.00$150.00
MI / mo$216.22$59.22
HOA / mo$248.00$248.00
Total monthly$2,994.10$2,856.64
Cash to close$37,096$32,900