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$307,040$310,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.320%
Blended rate7.240%7.560%
1st payment$2,057.05$2,132.92
2nd payment$0.00$0.00
Taxes / mo$116.83$116.83
Insurance / mo$150.00$150.00
MI / mo$146.26$62.10
HOA / mo$0.00$0.00
Total monthly$2,470.14$2,461.85
Cash to close$37,960$34,500