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$326,618$247,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.320%
Blended rate7.220%7.560%
1st payment$2,179.15$1,700.15
2nd payment$0.00$0.00
Taxes / mo$404.00$404.00
Insurance / mo$150.00$150.00
MI / mo$155.26$49.50
HOA / mo$30.67$30.67
Total monthly$2,919.08$2,334.32
Cash to close$0$27,500