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$333,160$271,350
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.320%
Blended rate8.310%7.560%
1st payment$2,450.24$1,863.99
2nd payment$0.00$0.00
Taxes / mo$657.25$657.25
Insurance / mo$150.00$150.00
MI / mo$156.61$54.27
HOA / mo$54.00$54.00
Total monthly$3,468.10$2,779.51
Cash to close$0$30,150