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$349,036$292,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$2,362.77$2,009.27
2nd payment$0.00$0.00
Taxes / mo$333.00$333.00
Insurance / mo$150.00$150.00
MI / mo$165.94$58.50
HOA / mo$210.00$210.00
Total monthly$3,221.72$2,760.77
Cash to close$0$32,500