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$331,106$265,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.230%7.400%
Blended rate7.780%7.640%
1st payment$2,329.61$1,838.27
2nd payment$0.00$0.00
Taxes / mo$623.81$623.81
Insurance / mo$150.00$150.00
MI / mo$156.83$53.10
HOA / mo$8.33$8.33
Total monthly$3,268.58$2,673.50
Cash to close$0$29,500