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$351,308$313,200
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.090%7.320%
Blended rate7.640%7.560%
1st payment$2,432.04$2,151.47
2nd payment$0.00$0.00
Taxes / mo$400.33$400.33
Insurance / mo$150.00$150.00
MI / mo$166.03$62.64
HOA / mo$58.00$58.00
Total monthly$3,206.41$2,822.44
Cash to close$0$34,800