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$328,859$292,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.020%7.400%
Blended rate6.870%7.640%
1st payment$2,082.46$2,025.21
2nd payment$0.00$0.00
Taxes / mo$603.59$603.59
Insurance / mo$150.00$150.00
MI / mo$245.50$58.50
HOA / mo$14.00$14.00
Total monthly$3,095.55$2,851.30
Cash to close$0$32,500