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$310,547$310,500
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.320%
Blended rate7.990%7.560%
1st payment$2,219.48$2,132.92
2nd payment$0.00$0.00
Taxes / mo$297.17$297.17
Insurance / mo$150.00$150.00
MI / mo$146.35$62.10
HOA / mo$270.00$270.00
Total monthly$3,082.99$2,912.19
Cash to close$34,453$34,500