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$319,151$314,910
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.320%
Blended rate7.410%7.560%
1st payment$2,119.35$2,163.21
2nd payment$0.00$0.00
Taxes / mo$17.50$17.50
Insurance / mo$150.00$150.00
MI / mo$148.09$62.98
HOA / mo$0.00$0.00
Total monthly$2,434.94$2,393.70
Cash to close$30,749$34,990