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$324,914$313,200
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.630%7.400%
Blended rate8.180%7.640%
1st payment$2,363.36$2,168.53
2nd payment$0.00$0.00
Taxes / mo$284.00$284.00
Insurance / mo$150.00$150.00
MI / mo$152.97$62.64
HOA / mo$0.00$0.00
Total monthly$2,950.33$2,665.17
Cash to close$23,086$34,800