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$246,366$179,820
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.400%
Blended rate6.150%7.640%
1st payment$1,458.53$1,245.04
2nd payment$0.00$0.00
Taxes / mo$364.92$364.92
Insurance / mo$150.00$150.00
MI / mo$186.05$35.96
HOA / mo$353.00$353.00
Total monthly$2,512.49$2,148.92
Cash to close$0$19,980