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$315,769$309,600
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$2,082.67$2,143.61
2nd payment$0.00$0.00
Taxes / mo$136.75$136.75
Insurance / mo$150.00$150.00
MI / mo$149.00$61.92
HOA / mo$25.00$25.00
Total monthly$2,543.42$2,517.28
Cash to close$28,231$34,400