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$327,912$215,899
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$2,181.22$1,494.84
2nd payment$0.00$0.00
Taxes / mo$180.08$180.08
Insurance / mo$150.00$150.00
MI / mo$153.66$43.18
HOA / mo$350.00$350.00
Total monthly$3,014.97$2,218.11
Cash to close$0$23,989