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$320,715$313,200
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.890%7.320%
Blended rate6.740%7.560%
1st payment$2,010.55$2,151.47
2nd payment$0.00$0.00
Taxes / mo$175.25$175.25
Insurance / mo$150.00$150.00
MI / mo$240.36$62.64
HOA / mo$0.00$0.00
Total monthly$2,576.17$2,539.36
Cash to close$27,285$34,800