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$247,522$53,910
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.110%7.320%
Blended rate6.660%7.560%
1st payment$1,510.52$370.32
2nd payment$0.00$0.00
Taxes / mo$23.58$23.58
Insurance / mo$150.00$150.00
MI / mo$114.12$10.78
HOA / mo$0.00$0.00
Total monthly$1,798.22$554.69
Cash to close$0$5,990