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$327,122$289,800
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.320%
Blended rate7.430%7.560%
1st payment$2,208.34$1,990.72
2nd payment$0.00$0.00
Taxes / mo$361.25$361.25
Insurance / mo$150.00$150.00
MI / mo$154.00$57.96
HOA / mo$270.00$270.00
Total monthly$3,143.59$2,829.93
Cash to close$0$32,200