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$342,673$287,910
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.930%7.320%
Blended rate7.480%7.560%
1st payment$2,302.03$1,977.74
2nd payment$0.00$0.00
Taxes / mo$499.42$499.42
Insurance / mo$150.00$150.00
MI / mo$159.72$57.58
HOA / mo$375.00$375.00
Total monthly$3,486.16$3,059.74
Cash to close$0$31,990