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$292,637$179,910
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.310%7.320%
Blended rate7.860%7.560%
1st payment$2,068.25$1,235.86
2nd payment$0.00$0.00
Taxes / mo$411.00$411.00
Insurance / mo$150.00$150.00
MI / mo$138.13$35.98
HOA / mo$126.00$126.00
Total monthly$2,893.38$1,958.84
Cash to close$0$19,990