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$345,614$319,491
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.400%
Blended rate6.850%7.640%
1st payment$2,145.33$2,212.09
2nd payment$0.00$0.00
Taxes / mo$216.67$216.67
Insurance / mo$150.00$150.00
MI / mo$158.86$63.90
HOA / mo$60.00$60.00
Total monthly$2,730.86$2,702.66
Cash to close$9,376$35,499