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$343,268$324,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.320%
Blended rate7.190%7.560%
1st payment$2,266.25$2,225.66
2nd payment$0.00$0.00
Taxes / mo$21.17$21.17
Insurance / mo$150.00$150.00
MI / mo$161.97$64.80
HOA / mo$70.00$70.00
Total monthly$2,669.38$2,531.62
Cash to close$16,732$36,000