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$335,917$283,500
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.720%7.400%
Blended rate5.570%7.640%
1st payment$1,883.41$1,962.90
2nd payment$0.00$0.00
Taxes / mo$193.83$193.83
Insurance / mo$150.00$150.00
MI / mo$256.63$56.70
HOA / mo$250.00$250.00
Total monthly$2,733.88$2,613.43
Cash to close$0$31,500