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$321,863$290,700
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.320%
Blended rate7.770%7.560%
1st payment$2,238.40$1,996.91
2nd payment$0.00$0.00
Taxes / mo$117.67$117.67
Insurance / mo$150.00$150.00
MI / mo$150.84$58.14
HOA / mo$252.00$252.00
Total monthly$2,908.91$2,574.71
Cash to close$1,137$32,300