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$321,490$303,300
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.400%
Blended rate6.990%7.640%
1st payment$2,061.16$2,099.99
2nd payment$0.00$0.00
Taxes / mo$244.33$244.33
Insurance / mo$150.00$150.00
MI / mo$150.40$60.66
HOA / mo$65.00$65.00
Total monthly$2,670.89$2,619.98
Cash to close$15,510$33,700