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$323,012$308,700
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$2,146.52$2,137.38
2nd payment$0.00$0.00
Taxes / mo$433.83$433.83
Insurance / mo$150.00$150.00
MI / mo$150.76$61.74
HOA / mo$104.00$104.00
Total monthly$2,985.11$2,886.95
Cash to close$19,988$34,300