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$358,106$319,499
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.320%
Blended rate6.150%7.560%
1st payment$2,126.46$2,194.74
2nd payment$0.00$0.00
Taxes / mo$409.25$409.25
Insurance / mo$150.00$150.00
MI / mo$271.25$63.90
HOA / mo$142.00$142.00
Total monthly$3,098.96$2,959.89
Cash to close$0$35,500