Dan Frey Home Loans
Call Dan

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$315,804$306,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$2,055.34$2,102.01
2nd payment$0.00$0.00
Taxes / mo$116.67$116.67
Insurance / mo$150.00$150.00
MI / mo$150.76$61.20
HOA / mo$58.00$58.00
Total monthly$2,530.76$2,487.87
Cash to close$24,196$34,000