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$355,283$292,500
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$2,348.37$2,009.27
2nd payment$0.00$0.00
Taxes / mo$326.82$326.82
Insurance / mo$150.00$150.00
MI / mo$164.26$58.50
HOA / mo$100.00$100.00
Total monthly$3,089.46$2,644.60
Cash to close$0$32,500