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$303,391$304,200
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$2,051.55$2,106.22
2nd payment$0.00$0.00
Taxes / mo$143.50$143.50
Insurance / mo$150.00$150.00
MI / mo$144.09$60.84
HOA / mo$135.00$135.00
Total monthly$2,624.14$2,595.56
Cash to close$34,609$33,800