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$339,621$341,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.790%7.320%
Blended rate8.340%7.560%
1st payment$2,506.84$2,348.68
2nd payment$0.00$0.00
Taxes / mo$176.17$176.17
Insurance / mo$150.00$150.00
MI / mo$159.76$68.38
HOA / mo$17.33$17.33
Total monthly$3,010.10$2,760.56
Cash to close$40,279$37,990