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$318,588$314,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$2,112.37$2,180.37
2nd payment$0.00$0.00
Taxes / mo$269.41$269.41
Insurance / mo$150.00$150.00
MI / mo$152.07$62.98
HOA / mo$0.00$0.00
Total monthly$2,683.84$2,662.76
Cash to close$31,312$34,990