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$333,059$283,491
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.320%
Blended rate7.990%7.560%
1st payment$2,378.14$1,947.39
2nd payment$0.00$0.00
Taxes / mo$297.67$297.67
Insurance / mo$150.00$150.00
MI / mo$156.81$56.70
HOA / mo$75.00$75.00
Total monthly$3,057.61$2,526.75
Cash to close$0$31,499