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$338,786$287,910
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.490%7.400%
Blended rate8.040%7.640%
1st payment$2,434.87$1,993.43
2nd payment$0.00$0.00
Taxes / mo$77.67$77.67
Insurance / mo$150.00$150.00
MI / mo$159.76$57.58
HOA / mo$0.00$0.00
Total monthly$2,822.29$2,278.68
Cash to close$0$31,990