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$311,090$274,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.400%
Blended rate6.940%7.640%
1st payment$2,024.66$1,900.58
2nd payment$0.00$0.00
Taxes / mo$367.00$367.00
Insurance / mo$150.00$150.00
MI / mo$148.51$54.90
HOA / mo$0.00$0.00
Total monthly$2,690.17$2,472.48
Cash to close$0$30,500