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$335,023$319,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.400%
Blended rate7.490%7.640%
1st payment$2,272.55$2,212.15
2nd payment$0.00$0.00
Taxes / mo$706.78$706.78
Insurance / mo$150.00$150.00
MI / mo$157.51$63.90
HOA / mo$8.33$8.33
Total monthly$3,295.16$3,141.16
Cash to close$19,977$35,500