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$317,201$305,910
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$2,087.17$2,118.06
2nd payment$0.00$0.00
Taxes / mo$150.75$150.75
Insurance / mo$150.00$150.00
MI / mo$147.94$61.18
HOA / mo$125.00$125.00
Total monthly$2,660.87$2,604.99
Cash to close$22,699$33,990