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$342,753$224,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.650%7.320%
Blended rate8.200%7.560%
1st payment$2,511.68$1,539.41
2nd payment$0.00$0.00
Taxes / mo$155.33$155.33
Insurance / mo$150.00$150.00
MI / mo$162.25$44.82
HOA / mo$0.00$0.00
Total monthly$2,979.26$1,889.56
Cash to close$0$24,900