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$334,855$306,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.090%7.400%
Blended rate5.940%7.640%
1st payment$1,943.67$2,118.68
2nd payment$0.00$0.00
Taxes / mo$706.58$706.58
Insurance / mo$150.00$150.00
MI / mo$253.86$61.20
HOA / mo$22.92$22.92
Total monthly$3,077.03$3,059.39
Cash to close$5,145$34,000