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$368,933$247,050
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.070%7.400%
Blended rate3.920%7.640%
1st payment$1,747.56$1,710.52
2nd payment$0.00$0.00
Taxes / mo$616.00$616.00
Insurance / mo$150.00$150.00
MI / mo$290.99$49.41
HOA / mo$0.00$0.00
Total monthly$2,804.55$2,525.93
Cash to close$0$27,450