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$344,182$348,300
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.450%7.560%
1st payment$2,328.01$2,392.58
2nd payment$0.00$0.00
Taxes / mo$130.08$130.08
Insurance / mo$150.00$150.00
MI / mo$162.01$69.66
HOA / mo$90.00$90.00
Total monthly$2,860.11$2,832.32
Cash to close$42,818$38,700