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$350,240$323,999
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$2,279.46$2,225.65
2nd payment$0.00$0.00
Taxes / mo$452.08$452.08
Insurance / mo$150.00$150.00
MI / mo$167.20$64.80
HOA / mo$262.00$262.00
Total monthly$3,310.74$3,154.53
Cash to close$9,759$36,000