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$350,600$342,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.400%
Blended rate6.870%7.640%
1st payment$2,271.73$2,367.94
2nd payment$0.00$0.00
Taxes / mo$173.25$173.25
Insurance / mo$150.00$150.00
MI / mo$167.86$68.40
HOA / mo$0.00$0.00
Total monthly$2,762.84$2,759.59
Cash to close$29,400$38,000