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$350,584$296,100
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.320%
Blended rate6.870%7.560%
1st payment$2,223.00$2,034.00
2nd payment$0.00$0.00
Taxes / mo$394.92$394.92
Insurance / mo$150.00$150.00
MI / mo$164.26$59.22
HOA / mo$122.00$122.00
Total monthly$3,054.18$2,760.14
Cash to close$0$32,900