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$298,752$220,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.990%7.400%
Blended rate5.840%7.640%
1st payment$1,711.12$1,526.70
2nd payment$0.00$0.00
Taxes / mo$161.00$161.00
Insurance / mo$150.00$150.00
MI / mo$226.04$44.10
HOA / mo$300.00$300.00
Total monthly$2,548.16$2,181.80
Cash to close$0$24,500