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$304,930$305,100
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.400%
Blended rate7.580%7.640%
1st payment$2,080.35$2,112.45
2nd payment$0.00$0.00
Taxes / mo$111.17$111.17
Insurance / mo$150.00$150.00
MI / mo$142.88$61.02
HOA / mo$0.00$0.00
Total monthly$2,484.40$2,434.64
Cash to close$34,070$33,900