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$298,684$135,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.280%7.320%
Blended rate6.830%7.560%
1st payment$1,923.15$927.36
2nd payment$0.00$0.00
Taxes / mo$31.92$31.92
Insurance / mo$150.00$150.00
MI / mo$142.70$27.00
HOA / mo$0.00$0.00
Total monthly$2,247.77$1,136.27
Cash to close$0$15,000