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$339,849$315,000
Remaining term (yrs)21.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.320%
Blended rate6.640%7.560%
1st payment$2,335.33$2,163.83
2nd payment$0.00$0.00
Taxes / mo$364.75$364.75
Insurance / mo$150.00$150.00
MI / mo$161.82$63.00
HOA / mo$10.00$10.00
Total monthly$3,021.90$2,751.58
Cash to close$10,151$35,000