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$310,195$292,230
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.400%
Blended rate7.770%7.640%
1st payment$2,138.28$2,023.34
2nd payment$0.00$0.00
Taxes / mo$538.83$538.83
Insurance / mo$150.00$150.00
MI / mo$229.51$58.45
HOA / mo$8.33$8.33
Total monthly$3,064.95$2,778.95
Cash to close$14,505$32,470