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$312,788$243,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.320%
Blended rate7.330%7.560%
1st payment$2,106.75$1,669.24
2nd payment$0.00$0.00
Taxes / mo$432.75$432.75
Insurance / mo$150.00$150.00
MI / mo$148.42$48.60
HOA / mo$0.00$0.00
Total monthly$2,837.91$2,300.59
Cash to close$0$27,000