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$313,110$283,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.450%7.560%
1st payment$2,117.84$1,947.45
2nd payment$0.00$0.00
Taxes / mo$116.17$116.17
Insurance / mo$150.00$150.00
MI / mo$147.38$56.70
HOA / mo$89.00$89.00
Total monthly$2,620.39$2,359.31
Cash to close$1,890$31,500