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$391,630$269,100
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.320%
Blended rate7.510%7.560%
1st payment$2,637.46$1,848.53
2nd payment$0.00$0.00
Taxes / mo$848.25$848.25
Insurance / mo$150.00$150.00
MI / mo$290.71$53.82
HOA / mo$13.75$13.75
Total monthly$3,940.17$2,914.35
Cash to close$0$29,900