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$312,256$301,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$2,099.54$2,087.53
2nd payment$0.00$0.00
Taxes / mo$297.58$297.58
Insurance / mo$150.00$150.00
MI / mo$146.26$60.30
HOA / mo$0.00$0.00
Total monthly$2,693.39$2,595.41
Cash to close$22,744$33,500