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$327,364$314,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.450%7.640%
1st payment$2,230.36$2,174.76
2nd payment$0.00$0.00
Taxes / mo$182.58$182.58
Insurance / mo$150.00$150.00
MI / mo$155.22$62.82
HOA / mo$203.00$203.00
Total monthly$2,921.16$2,773.17
Cash to close$21,636$34,900