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$315,633$305,910
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$2,044.37$2,101.39
2nd payment$0.00$0.00
Taxes / mo$673.00$673.00
Insurance / mo$150.00$150.00
MI / mo$146.26$61.18
HOA / mo$84.00$84.00
Total monthly$3,097.63$3,069.57
Cash to close$24,267$33,990