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$300,062$217,575
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.800%7.400%
Blended rate3.650%7.640%
1st payment$1,391.91$1,506.45
2nd payment$0.00$0.00
Taxes / mo$212.08$212.08
Insurance / mo$150.00$150.00
MI / mo$239.95$43.51
HOA / mo$350.00$350.00
Total monthly$2,343.94$2,262.04
Cash to close$0$24,175