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$323,917$283,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.400%
Blended rate7.730%7.640%
1st payment$2,261.56$1,962.90
2nd payment$0.00$0.00
Taxes / mo$178.17$178.17
Insurance / mo$150.00$150.00
MI / mo$153.01$56.70
HOA / mo$0.00$0.00
Total monthly$2,742.73$2,347.76
Cash to close$0$31,500