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$311,670$287,599
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.320%
Blended rate6.890%7.560%
1st payment$2,018.57$1,975.60
2nd payment$0.00$0.00
Taxes / mo$325.50$325.50
Insurance / mo$150.00$150.00
MI / mo$148.84$57.52
HOA / mo$129.00$129.00
Total monthly$2,771.91$2,637.62
Cash to close$7,884$31,955