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$345,883$327,600
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.320%
Blended rate7.440%7.560%
1st payment$2,325.65$2,250.38
2nd payment$0.00$0.00
Taxes / mo$105.17$105.17
Insurance / mo$150.00$150.00
MI / mo$162.01$65.52
HOA / mo$0.00$0.00
Total monthly$2,742.83$2,571.07
Cash to close$18,117$36,400