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$295,116$283,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.230%7.320%
Blended rate7.780%7.560%
1st payment$2,072.24$1,947.45
2nd payment$0.00$0.00
Taxes / mo$505.67$505.67
Insurance / mo$150.00$150.00
MI / mo$139.50$56.70
HOA / mo$88.00$88.00
Total monthly$2,955.41$2,747.81
Cash to close$19,884$31,500