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$309,108$288,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.400%
Blended rate7.790%7.640%
1st payment$2,139.60$1,994.05
2nd payment$0.00$0.00
Taxes / mo$335.84$335.84
Insurance / mo$150.00$150.00
MI / mo$229.18$57.60
HOA / mo$82.33$82.33
Total monthly$2,936.96$2,619.83
Cash to close$10,892$32,000