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$296,508$279,900
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.320%
Blended rate7.040%7.560%
1st payment$1,914.53$1,922.72
2nd payment$0.00$0.00
Taxes / mo$99.42$99.42
Insurance / mo$150.00$150.00
MI / mo$138.97$55.98
HOA / mo$230.00$230.00
Total monthly$2,532.92$2,458.12
Cash to close$14,492$31,100