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$323,784$323,010
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.320%
Blended rate7.510%7.560%
1st payment$2,218.60$2,218.85
2nd payment$0.00$0.00
Taxes / mo$296.83$296.83
Insurance / mo$150.00$150.00
MI / mo$153.46$64.60
HOA / mo$0.00$0.00
Total monthly$2,818.89$2,730.29
Cash to close$35,116$35,890