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$318,423$242,100
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.400%
Blended rate6.070%7.640%
1st payment$1,864.31$1,676.25
2nd payment$0.00$0.00
Taxes / mo$319.00$319.00
Insurance / mo$150.00$150.00
MI / mo$239.95$48.42
HOA / mo$0.00$0.00
Total monthly$2,573.25$2,193.67
Cash to close$0$26,900