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$344,677$251,100
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.220%7.400%
Blended rate7.770%7.640%
1st payment$2,410.84$1,738.57
2nd payment$0.00$0.00
Taxes / mo$201.33$201.33
Insurance / mo$150.00$150.00
MI / mo$162.46$50.22
HOA / mo$449.00$449.00
Total monthly$3,373.64$2,589.12
Cash to close$0$27,900