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$310,111$287,100
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.780%7.240%
Blended rate6.630%7.480%
1st payment$1,925.83$1,956.58
2nd payment$0.00$0.00
Taxes / mo$349.75$349.75
Insurance / mo$150.00$150.00
MI / mo$232.99$57.42
HOA / mo$581.00$581.00
Total monthly$3,239.57$3,094.75
Cash to close$8,889$31,900