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$321,804$243,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.130%7.320%
Blended rate5.980%7.560%
1st payment$1,866.89$1,669.24
2nd payment$0.00$0.00
Taxes / mo$409.00$409.00
Insurance / mo$150.00$150.00
MI / mo$242.73$48.60
HOA / mo$43.33$43.33
Total monthly$2,711.95$2,320.17
Cash to close$0$27,000