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$314,673$238,500
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.080%7.400%
Blended rate7.930%7.640%
1st payment$2,201.71$1,651.33
2nd payment$0.00$0.00
Taxes / mo$581.33$581.33
Insurance / mo$150.00$150.00
MI / mo$232.53$47.70
HOA / mo$13.00$13.00
Total monthly$3,178.58$2,443.36
Cash to close$0$26,500