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$310,402$306,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$2,081.24$2,118.68
2nd payment$0.00$0.00
Taxes / mo$378.17$378.17
Insurance / mo$150.00$150.00
MI / mo$147.68$61.20
HOA / mo$0.00$0.00
Total monthly$2,757.09$2,708.05
Cash to close$29,598$34,000