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$347,552$341,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.620%7.400%
Blended rate8.170%7.640%
1st payment$2,525.70$2,361.71
2nd payment$0.00$0.00
Taxes / mo$291.28$291.28
Insurance / mo$150.00$150.00
MI / mo$163.63$68.22
HOA / mo$0.00$0.00
Total monthly$3,130.61$2,871.21
Cash to close$31,448$37,900