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$314,834$311,310
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.400%
Blended rate7.310%7.640%
1st payment$2,071.88$2,155.45
2nd payment$0.00$0.00
Taxes / mo$161.58$161.58
Insurance / mo$150.00$150.00
MI / mo$146.26$62.26
HOA / mo$0.00$0.00
Total monthly$2,529.73$2,529.29
Cash to close$31,066$34,590