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$310,441$274,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.320%
Blended rate7.770%7.560%
1st payment$2,144.83$1,885.62
2nd payment$0.00$0.00
Taxes / mo$303.88$303.88
Insurance / mo$150.00$150.00
MI / mo$230.21$54.90
HOA / mo$284.00$284.00
Total monthly$3,112.92$2,678.41
Cash to close$0$30,500