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$342,228$293,400
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.700%7.320%
Blended rate6.550%7.560%
1st payment$2,108.58$2,015.45
2nd payment$0.00$0.00
Taxes / mo$377.33$377.33
Insurance / mo$150.00$150.00
MI / mo$257.34$58.68
HOA / mo$90.00$90.00
Total monthly$2,983.25$2,691.47
Cash to close$0$32,600