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$346,605$323,100
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.400%
Blended rate7.320%7.640%
1st payment$2,315.05$2,237.08
2nd payment$0.00$0.00
Taxes / mo$717.75$717.75
Insurance / mo$150.00$150.00
MI / mo$163.26$64.62
HOA / mo$12.00$12.00
Total monthly$3,358.06$3,181.45
Cash to close$12,395$35,900