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$339,215$315,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.250%7.400%
Blended rate7.800%7.640%
1st payment$2,386.36$2,181.00
2nd payment$0.00$0.00
Taxes / mo$339.42$339.42
Insurance / mo$150.00$150.00
MI / mo$160.33$63.00
HOA / mo$62.50$62.50
Total monthly$3,098.61$2,795.91
Cash to close$10,785$35,000