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$315,041$298,350
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.310%7.320%
Blended rate7.160%7.560%
1st payment$2,044.32$2,049.46
2nd payment$0.00$0.00
Taxes / mo$352.42$352.42
Insurance / mo$150.00$150.00
MI / mo$233.70$59.67
HOA / mo$104.00$104.00
Total monthly$2,884.43$2,715.54
Cash to close$16,459$33,150