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$353,490$260,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.320%
Blended rate7.090%7.560%
1st payment$2,337.01$1,792.27
2nd payment$0.00$0.00
Taxes / mo$515.04$515.04
Insurance / mo$150.00$150.00
MI / mo$168.76$52.18
HOA / mo$0.00$0.00
Total monthly$3,170.81$2,509.49
Cash to close$0$28,990