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$317,322$292,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.090%7.400%
Blended rate7.640%7.640%
1st payment$2,179.53$2,025.21
2nd payment$0.00$0.00
Taxes / mo$516.00$516.00
Insurance / mo$150.00$150.00
MI / mo$148.80$58.50
HOA / mo$134.00$134.00
Total monthly$3,128.33$2,883.71
Cash to close$7,678$32,500