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$312,405$274,410
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.320%
Blended rate7.260%7.560%
1st payment$2,092.36$1,885.01
2nd payment$0.00$0.00
Taxes / mo$210.42$210.42
Insurance / mo$150.00$150.00
MI / mo$148.47$54.88
HOA / mo$26.67$26.67
Total monthly$2,627.91$2,326.97
Cash to close$0$30,490