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$309,743$269,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,017.01$1,868.80
2nd payment$0.00$0.00
Taxes / mo$307.00$307.00
Insurance / mo$150.00$150.00
MI / mo$146.26$53.98
HOA / mo$0.00$0.00
Total monthly$2,620.27$2,379.78
Cash to close$0$29,990