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$339,006$261,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$2,270.52$1,807.11
2nd payment$0.00$0.00
Taxes / mo$685.08$685.08
Insurance / mo$150.00$150.00
MI / mo$161.11$52.20
HOA / mo$90.33$90.33
Total monthly$3,357.04$2,784.72
Cash to close$0$29,000