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$351,688$323,999
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$2,407.28$2,243.30
2nd payment$0.00$0.00
Taxes / mo$398.50$398.50
Insurance / mo$150.00$150.00
MI / mo$166.51$64.80
HOA / mo$50.00$50.00
Total monthly$3,172.29$2,906.60
Cash to close$8,311$36,000