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$325,571$314,010
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$2,079.07$2,157.03
2nd payment$0.00$0.00
Taxes / mo$384.33$384.33
Insurance / mo$150.00$150.00
MI / mo$150.76$62.80
HOA / mo$0.00$0.00
Total monthly$2,764.17$2,754.17
Cash to close$23,329$34,890