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$331,151$323,910
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.320%
Blended rate7.240%7.560%
1st payment$2,213.65$2,225.04
2nd payment$0.00$0.00
Taxes / mo$355.75$355.75
Insurance / mo$150.00$150.00
MI / mo$157.39$64.78
HOA / mo$215.00$215.00
Total monthly$3,091.79$3,010.57
Cash to close$28,749$35,990