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$315,059$279,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$2,110.28$1,931.74
2nd payment$0.00$0.00
Taxes / mo$436.88$436.88
Insurance / mo$150.00$150.00
MI / mo$148.06$55.80
HOA / mo$224.00$224.00
Total monthly$3,069.22$2,798.41
Cash to close$0$31,000