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$348,505$336,600
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,252.53$2,330.55
2nd payment$0.00$0.00
Taxes / mo$210.14$210.14
Insurance / mo$150.00$150.00
MI / mo$163.34$67.32
HOA / mo$0.00$0.00
Total monthly$2,776.01$2,758.01
Cash to close$25,495$37,400