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$324,914$139,410
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.320%
Blended rate6.850%7.560%
1st payment$2,020.72$957.65
2nd payment$0.00$0.00
Taxes / mo$64.25$64.25
Insurance / mo$150.00$150.00
MI / mo$149.63$27.88
HOA / mo$0.00$0.00
Total monthly$2,384.60$1,199.78
Cash to close$0$15,490