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$315,165$292,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$2,006.62$2,009.27
2nd payment$0.00$0.00
Taxes / mo$306.92$306.92
Insurance / mo$150.00$150.00
MI / mo$147.81$58.50
HOA / mo$70.00$70.00
Total monthly$2,681.34$2,594.69
Cash to close$9,835$32,500