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$315,000$242,910
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.400%
Blended rate7.010%7.640%
1st payment$2,116.21$1,681.86
2nd payment$0.00$0.00
Taxes / mo$317.67$317.67
Insurance / mo$150.00$150.00
MI / mo$148.53$48.58
HOA / mo$0.00$0.00
Total monthly$2,732.41$2,198.11
Cash to close$0$26,990