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$346,944$332,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.470%7.320%
Blended rate7.020%7.560%
1st payment$2,238.08$2,281.30
2nd payment$0.00$0.00
Taxes / mo$420.08$420.08
Insurance / mo$150.00$150.00
MI / mo$162.80$66.42
HOA / mo$322.00$322.00
Total monthly$3,292.96$3,239.80
Cash to close$22,056$36,900