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$324,996$306,000
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.400%
Blended rate7.990%7.640%
1st payment$2,320.56$2,118.68
2nd payment$0.00$0.00
Taxes / mo$283.33$283.33
Insurance / mo$150.00$150.00
MI / mo$153.01$61.20
HOA / mo$465.00$465.00
Total monthly$3,371.91$3,078.22
Cash to close$15,004$34,000