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$321,682$314,999
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.780%7.320%
Blended rate6.630%7.560%
1st payment$1,997.69$2,163.83
2nd payment$0.00$0.00
Taxes / mo$347.17$347.17
Insurance / mo$150.00$150.00
MI / mo$241.69$63.00
HOA / mo$50.00$50.00
Total monthly$2,786.54$2,773.99
Cash to close$28,317$35,000