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$325,565$303,300
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.320%
Blended rate7.340%7.560%
1st payment$2,199.69$2,083.46
2nd payment$0.00$0.00
Taxes / mo$589.50$589.50
Insurance / mo$150.00$150.00
MI / mo$154.81$60.66
HOA / mo$17.00$17.00
Total monthly$3,110.99$2,900.62
Cash to close$11,435$33,700