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$347,993$283,410
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$2,215.63$1,962.27
2nd payment$0.00$0.00
Taxes / mo$115.17$115.17
Insurance / mo$150.00$150.00
MI / mo$163.20$56.68
HOA / mo$20.00$20.00
Total monthly$2,664.00$2,304.12
Cash to close$0$31,490