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$311,324$304,191
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$2,052.69$2,089.58
2nd payment$0.00$0.00
Taxes / mo$71.75$71.75
Insurance / mo$150.00$150.00
MI / mo$144.91$60.84
HOA / mo$198.00$198.00
Total monthly$2,617.35$2,570.17
Cash to close$26,666$33,799