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$350,787$306,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.130%7.320%
Blended rate6.680%7.560%
1st payment$2,284.87$2,102.01
2nd payment$0.00$0.00
Taxes / mo$502.08$502.08
Insurance / mo$150.00$150.00
MI / mo$168.00$61.20
HOA / mo$250.00$250.00
Total monthly$3,354.96$3,065.29
Cash to close$0$34,000