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$305,486$283,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$2,046.01$1,962.90
2nd payment$0.00$0.00
Taxes / mo$459.77$459.77
Insurance / mo$150.00$150.00
MI / mo$145.18$56.70
HOA / mo$65.00$65.00
Total monthly$2,865.96$2,694.37
Cash to close$9,514$31,500