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$299,754$245,520
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.400%
Blended rate7.270%7.640%
1st payment$1,970.69$1,699.93
2nd payment$0.00$0.00
Taxes / mo$572.83$572.83
Insurance / mo$150.00$150.00
MI / mo$222.70$49.10
HOA / mo$4.67$4.67
Total monthly$2,920.89$2,476.54
Cash to close$0$27,280