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$338,590$331,200
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.280%7.320%
Blended rate6.830%7.560%
1st payment$2,182.72$2,275.11
2nd payment$0.00$0.00
Taxes / mo$237.42$237.42
Insurance / mo$150.00$150.00
MI / mo$161.97$66.24
HOA / mo$37.00$37.00
Total monthly$2,769.10$2,765.77
Cash to close$29,410$36,800