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$322,383$310,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.320%
Blended rate7.090%7.560%
1st payment$2,131.36$2,132.92
2nd payment$0.00$0.00
Taxes / mo$333.34$333.34
Insurance / mo$150.00$150.00
MI / mo$153.91$62.10
HOA / mo$0.00$0.00
Total monthly$2,768.61$2,678.36
Cash to close$22,617$34,500