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$329,590$269,100
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.320%
Blended rate6.150%7.560%
1st payment$1,951.24$1,848.53
2nd payment$0.00$0.00
Taxes / mo$376.00$376.00
Insurance / mo$150.00$150.00
MI / mo$248.89$53.82
HOA / mo$355.00$355.00
Total monthly$3,081.13$2,783.35
Cash to close$0$29,900