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$316,633$306,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.330%7.400%
Blended rate6.880%7.640%
1st payment$2,056.12$2,118.68
2nd payment$0.00$0.00
Taxes / mo$144.17$144.17
Insurance / mo$150.00$150.00
MI / mo$151.77$61.20
HOA / mo$155.00$155.00
Total monthly$2,657.06$2,629.05
Cash to close$23,367$34,000