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$295,515$265,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.550%7.320%
Blended rate6.400%7.560%
1st payment$1,793.89$1,823.80
2nd payment$0.00$0.00
Taxes / mo$229.17$229.17
Insurance / mo$150.00$150.00
MI / mo$222.56$53.10
HOA / mo$40.00$40.00
Total monthly$2,435.61$2,296.07
Cash to close$0$29,500