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$319,351$306,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.580%7.320%
Blended rate7.130%7.560%
1st payment$2,056.03$2,102.01
2nd payment$0.00$0.00
Taxes / mo$289.75$289.75
Insurance / mo$150.00$150.00
MI / mo$147.86$61.20
HOA / mo$41.67$41.67
Total monthly$2,685.31$2,644.63
Cash to close$20,649$34,000