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$296,236$289,710
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.630%7.320%
Blended rate8.180%7.560%
1st payment$2,154.76$1,990.11
2nd payment$0.00$0.00
Taxes / mo$141.00$141.00
Insurance / mo$150.00$150.00
MI / mo$139.46$57.94
HOA / mo$30.00$30.00
Total monthly$2,615.23$2,369.05
Cash to close$25,664$32,190