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$296,329$238,410
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.320%
Blended rate7.210%7.560%
1st payment$1,956.06$1,637.71
2nd payment$0.00$0.00
Taxes / mo$473.33$473.33
Insurance / mo$150.00$150.00
MI / mo$139.51$47.68
HOA / mo$0.00$0.00
Total monthly$2,718.90$2,308.73
Cash to close$0$26,490