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$313,033$224,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.320%
Blended rate6.750%7.560%
1st payment$1,963.04$1,539.41
2nd payment$0.00$0.00
Taxes / mo$408.58$408.58
Insurance / mo$150.00$150.00
MI / mo$146.90$44.82
HOA / mo$0.00$0.00
Total monthly$2,668.52$2,142.81
Cash to close$0$24,900