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$319,554$325,170
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.750%7.640%
1st payment$2,198.68$2,251.41
2nd payment$0.00$0.00
Taxes / mo$527.92$527.92
Insurance / mo$150.00$150.00
MI / mo$236.47$65.03
HOA / mo$0.00$0.00
Total monthly$3,113.06$2,994.36
Cash to close$41,746$36,130