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$309,672$297,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.320%
Blended rate7.270%7.560%
1st payment$2,030.96$2,040.18
2nd payment$0.00$0.00
Taxes / mo$490.50$490.50
Insurance / mo$150.00$150.00
MI / mo$229.51$59.40
HOA / mo$73.00$73.00
Total monthly$2,973.97$2,813.08
Cash to close$20,328$33,000