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$312,826$283,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.150%7.400%
Blended rate6.700%7.640%
1st payment$1,996.04$1,962.90
2nd payment$0.00$0.00
Taxes / mo$183.50$183.50
Insurance / mo$150.00$150.00
MI / mo$150.17$56.70
HOA / mo$449.00$449.00
Total monthly$2,928.71$2,802.10
Cash to close$2,174$31,500