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$299,182$269,991
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$1,896.20$1,869.36
2nd payment$0.00$0.00
Taxes / mo$249.99$249.99
Insurance / mo$150.00$150.00
MI / mo$137.50$54.00
HOA / mo$35.00$35.00
Total monthly$2,468.70$2,358.35
Cash to close$808$29,999