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$293,522$296,999
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.320%
Blended rate7.240%7.560%
1st payment$1,962.11$2,040.18
2nd payment$0.00$0.00
Taxes / mo$139.08$139.08
Insurance / mo$150.00$150.00
MI / mo$139.51$59.40
HOA / mo$0.00$0.00
Total monthly$2,390.70$2,388.66
Cash to close$36,477$33,000