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$295,308$269,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.320%
Blended rate7.090%7.560%
1st payment$1,916.32$1,854.09
2nd payment$0.00$0.00
Taxes / mo$304.33$304.33
Insurance / mo$150.00$150.00
MI / mo$138.38$53.98
HOA / mo$0.00$0.00
Total monthly$2,509.04$2,362.41
Cash to close$4,592$29,990