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$324,244$293,400
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$2,161.14$2,015.45
2nd payment$0.00$0.00
Taxes / mo$337.50$337.50
Insurance / mo$150.00$150.00
MI / mo$151.17$58.68
HOA / mo$110.00$110.00
Total monthly$2,909.81$2,671.63
Cash to close$1,756$32,600