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$351,732$261,000
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.400%
Blended rate6.640%7.640%
1st payment$2,139.78$1,807.11
2nd payment$0.00$0.00
Taxes / mo$548.17$548.17
Insurance / mo$150.00$150.00
MI / mo$162.01$52.20
HOA / mo$35.75$35.75
Total monthly$3,035.71$2,593.23
Cash to close$0$29,000