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$326,662$311,400
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.320%
Blended rate7.730%7.560%
1st payment$2,280.72$2,139.10
2nd payment$0.00$0.00
Taxes / mo$281.92$281.92
Insurance / mo$150.00$150.00
MI / mo$154.31$62.28
HOA / mo$159.00$159.00
Total monthly$3,025.94$2,792.30
Cash to close$19,338$34,600