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$355,341$329,400
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.400%
Blended rate6.070%7.640%
1st payment$2,080.45$2,280.70
2nd payment$0.00$0.00
Taxes / mo$240.17$240.17
Insurance / mo$150.00$150.00
MI / mo$267.77$65.88
HOA / mo$250.00$250.00
Total monthly$2,988.39$2,986.75
Cash to close$10,659$36,600