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$340,777$305,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$2,202.57$2,101.39
2nd payment$0.00$0.00
Taxes / mo$531.83$531.83
Insurance / mo$150.00$150.00
MI / mo$159.72$61.18
HOA / mo$12.50$12.50
Total monthly$3,056.62$2,856.90
Cash to close$0$33,990