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$350,914$236,160
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.320%
Blended rate6.970%7.560%
1st payment$2,298.68$1,622.26
2nd payment$0.00$0.00
Taxes / mo$604.92$604.92
Insurance / mo$150.00$150.00
MI / mo$168.08$47.23
HOA / mo$4.17$4.17
Total monthly$3,225.85$2,428.57
Cash to close$0$26,240