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$298,020$284,396
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.170%7.400%
Blended rate7.720%7.640%
1st payment$2,066.64$1,969.10
2nd payment$0.00$0.00
Taxes / mo$307.09$307.09
Insurance / mo$150.00$150.00
MI / mo$139.96$56.88
HOA / mo$100.00$100.00
Total monthly$2,763.69$2,583.07
Cash to close$17,975$31,600