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$312,045$274,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.400%
Blended rate7.320%7.640%
1st payment$2,084.22$1,900.58
2nd payment$0.00$0.00
Taxes / mo$378.17$378.17
Insurance / mo$150.00$150.00
MI / mo$146.98$54.90
HOA / mo$83.33$83.33
Total monthly$2,842.69$2,566.98
Cash to close$0$30,500