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$324,794$315,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.320%
Blended rate7.270%7.560%
1st payment$2,126.88$2,163.83
2nd payment$0.00$0.00
Taxes / mo$287.08$287.08
Insurance / mo$150.00$150.00
MI / mo$150.76$63.00
HOA / mo$58.67$58.67
Total monthly$2,773.40$2,722.58
Cash to close$25,206$35,000