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$344,424$344,700
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.620%7.320%
Blended rate8.170%7.560%
1st payment$2,500.69$2,367.85
2nd payment$0.00$0.00
Taxes / mo$339.26$339.26
Insurance / mo$150.00$150.00
MI / mo$162.01$68.94
HOA / mo$0.00$0.00
Total monthly$3,151.95$2,926.04
Cash to close$38,576$38,300