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$300,584$292,410
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.400%
Blended rate7.310%7.640%
1st payment$1,981.88$2,024.59
2nd payment$0.00$0.00
Taxes / mo$736.83$736.83
Insurance / mo$150.00$150.00
MI / mo$139.91$58.48
HOA / mo$10.00$10.00
Total monthly$3,018.61$2,979.90
Cash to close$24,316$32,490