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$301,676$252,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.400%
Blended rate7.340%7.640%
1st payment$2,002.73$1,744.80
2nd payment$0.00$0.00
Taxes / mo$392.33$392.33
Insurance / mo$150.00$150.00
MI / mo$140.94$50.40
HOA / mo$28.17$28.17
Total monthly$2,714.17$2,365.70
Cash to close$0$28,000