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$381,127$270,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.090%7.320%
Blended rate7.640%7.560%
1st payment$2,620.30$1,854.71
2nd payment$0.00$0.00
Taxes / mo$431.42$431.42
Insurance / mo$150.00$150.00
MI / mo$178.89$54.00
HOA / mo$0.00$0.00
Total monthly$3,380.60$2,490.13
Cash to close$0$30,000