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$331,351$323,010
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$2,210.73$2,236.46
2nd payment$0.00$0.00
Taxes / mo$392.75$392.75
Insurance / mo$150.00$150.00
MI / mo$157.51$64.60
HOA / mo$348.00$348.00
Total monthly$3,258.99$3,191.81
Cash to close$27,549$35,890