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$322,202$245,430
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.280%7.400%
Blended rate6.830%7.640%
1st payment$2,077.07$1,699.31
2nd payment$0.00$0.00
Taxes / mo$415.25$415.25
Insurance / mo$150.00$150.00
MI / mo$154.13$49.09
HOA / mo$293.00$293.00
Total monthly$3,089.45$2,606.64
Cash to close$0$27,270