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$295,466$247,410
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.400%
Blended rate7.010%7.640%
1st payment$1,902.09$1,713.02
2nd payment$0.00$0.00
Taxes / mo$379.42$379.42
Insurance / mo$150.00$150.00
MI / mo$138.50$49.48
HOA / mo$209.00$209.00
Total monthly$2,779.01$2,500.92
Cash to close$0$27,490