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$321,783$238,500
Remaining term (yrs)23.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.400%7.320%
Blended rate4.250%7.560%
1st payment$1,654.70$1,638.33
2nd payment$0.00$0.00
Taxes / mo$180.20$180.20
Insurance / mo$150.00$150.00
MI / mo$264.29$47.70
HOA / mo$0.00$0.00
Total monthly$2,249.19$2,016.23
Cash to close$0$26,500