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$295,059$230,400
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.320%
Blended rate7.010%7.560%
1st payment$1,903.49$1,582.69
2nd payment$0.00$0.00
Taxes / mo$290.50$290.50
Insurance / mo$150.00$150.00
MI / mo$138.61$46.08
HOA / mo$0.00$0.00
Total monthly$2,482.60$2,069.27
Cash to close$0$25,600