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$343,760$342,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$2,299.47$2,349.30
2nd payment$0.00$0.00
Taxes / mo$346.00$346.00
Insurance / mo$150.00$150.00
MI / mo$164.17$68.40
HOA / mo$84.00$84.00
Total monthly$3,043.64$2,997.70
Cash to close$36,240$38,000