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$307,305$287,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$2,031.68$1,993.43
2nd payment$0.00$0.00
Taxes / mo$690.91$690.91
Insurance / mo$150.00$150.00
MI / mo$146.71$57.58
HOA / mo$14.17$14.17
Total monthly$3,033.47$2,906.09
Cash to close$12,595$31,990