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$316,671$304,200
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.060%7.400%
Blended rate7.610%7.640%
1st payment$2,168.80$2,106.22
2nd payment$0.00$0.00
Taxes / mo$341.33$341.33
Insurance / mo$150.00$150.00
MI / mo$148.51$60.84
HOA / mo$0.00$0.00
Total monthly$2,808.64$2,658.39
Cash to close$21,329$33,800