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$315,641$305,100
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.080%7.320%
Blended rate7.930%7.560%
1st payment$2,206.08$2,095.83
2nd payment$0.00$0.00
Taxes / mo$466.83$466.83
Insurance / mo$150.00$150.00
MI / mo$232.99$61.02
HOA / mo$77.67$77.67
Total monthly$3,133.58$2,851.35
Cash to close$23,359$33,900