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$334,412$266,112
Remaining term (yrs)22.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.080%7.400%
Blended rate6.630%7.640%
1st payment$2,248.99$1,842.51
2nd payment$0.00$0.00
Taxes / mo$546.38$546.38
Insurance / mo$150.00$150.00
MI / mo$158.78$53.22
HOA / mo$99.00$99.00
Total monthly$3,203.15$2,691.10
Cash to close$0$29,568