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$310,689$207,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$2,097.41$1,433.23
2nd payment$0.00$0.00
Taxes / mo$415.42$415.42
Insurance / mo$150.00$150.00
MI / mo$146.26$41.40
HOA / mo$50.00$50.00
Total monthly$2,859.09$2,090.04
Cash to close$0$23,000