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$316,922$247,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.320%
Blended rate7.730%7.560%
1st payment$2,214.93$1,700.15
2nd payment$0.00$0.00
Taxes / mo$541.67$541.67
Insurance / mo$150.00$150.00
MI / mo$149.86$49.50
HOA / mo$16.67$16.67
Total monthly$3,073.12$2,457.99
Cash to close$0$27,500