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$348,142$341,910
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.320%
Blended rate7.580%7.560%
1st payment$2,391.59$2,348.68
2nd payment$0.00$0.00
Taxes / mo$206.00$206.00
Insurance / mo$150.00$150.00
MI / mo$164.26$68.38
HOA / mo$0.00$0.00
Total monthly$2,911.85$2,773.07
Cash to close$31,758$37,990