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$325,284$310,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.320%
Blended rate7.090%7.560%
1st payment$2,150.54$2,132.92
2nd payment$0.00$0.00
Taxes / mo$287.50$287.50
Insurance / mo$150.00$150.00
MI / mo$155.30$62.10
HOA / mo$245.00$245.00
Total monthly$2,988.33$2,877.52
Cash to close$19,716$34,500