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$339,081$335,700
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$2,241.76$2,324.32
2nd payment$0.00$0.00
Taxes / mo$189.92$189.92
Insurance / mo$150.00$150.00
MI / mo$161.88$67.14
HOA / mo$285.00$285.00
Total monthly$3,028.56$3,016.38
Cash to close$33,919$37,300