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$306,988$288,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.320%
Blended rate7.770%7.560%
1st payment$2,136.96$1,978.36
2nd payment$0.00$0.00
Taxes / mo$281.92$281.92
Insurance / mo$150.00$150.00
MI / mo$144.01$57.60
HOA / mo$100.00$100.00
Total monthly$2,812.88$2,567.88
Cash to close$13,012$32,000