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$300,623$292,050
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.320%
Blended rate7.220%7.560%
1st payment$1,992.65$2,006.18
2nd payment$0.00$0.00
Taxes / mo$540.92$540.92
Insurance / mo$150.00$150.00
MI / mo$141.97$58.41
HOA / mo$56.00$56.00
Total monthly$2,881.54$2,811.51
Cash to close$23,877$32,450