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$295,703$278,910
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.250%7.400%
Blended rate6.800%7.640%
1st payment$1,874.15$1,931.12
2nd payment$0.00$0.00
Taxes / mo$310.83$310.83
Insurance / mo$150.00$150.00
MI / mo$139.51$55.78
HOA / mo$0.00$0.00
Total monthly$2,474.49$2,447.73
Cash to close$14,197$30,990