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$321,589$319,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.320%
Blended rate7.470%7.560%
1st payment$2,170.75$2,194.74
2nd payment$0.00$0.00
Taxes / mo$295.83$295.83
Insurance / mo$150.00$150.00
MI / mo$150.76$63.90
HOA / mo$0.00$0.00
Total monthly$2,767.34$2,704.48
Cash to close$33,411$35,500