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$341,510$328,410
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$2,222.64$2,255.95
2nd payment$0.00$0.00
Taxes / mo$322.83$322.83
Insurance / mo$150.00$150.00
MI / mo$163.03$65.68
HOA / mo$75.00$75.00
Total monthly$2,933.51$2,869.46
Cash to close$23,390$36,490