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$314,655$269,550
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.400%
Blended rate7.320%7.640%
1st payment$2,093.08$1,866.31
2nd payment$0.00$0.00
Taxes / mo$127.17$127.17
Insurance / mo$150.00$150.00
MI / mo$147.61$53.91
HOA / mo$0.00$0.00
Total monthly$2,517.85$2,197.39
Cash to close$0$29,950