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$302,702$233,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.400%
Blended rate6.750%7.640%
1st payment$1,900.34$1,619.55
2nd payment$0.00$0.00
Taxes / mo$313.44$313.44
Insurance / mo$150.00$150.00
MI / mo$142.21$46.78
HOA / mo$195.00$195.00
Total monthly$2,700.99$2,324.77
Cash to close$0$25,990