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$324,339$310,870
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.320%
Blended rate7.090%7.560%
1st payment$2,100.38$2,135.46
2nd payment$0.00$0.00
Taxes / mo$408.08$408.08
Insurance / mo$150.00$150.00
MI / mo$151.67$62.17
HOA / mo$0.00$0.00
Total monthly$2,810.13$2,755.72
Cash to close$21,072$34,541