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$321,970$322,200
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.320%
Blended rate7.260%7.560%
1st payment$2,156.42$2,213.29
2nd payment$0.00$0.00
Taxes / mo$298.33$298.33
Insurance / mo$150.00$150.00
MI / mo$153.01$64.44
HOA / mo$235.00$235.00
Total monthly$2,992.76$2,961.06
Cash to close$36,030$35,800