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$320,116$292,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.400%
Blended rate6.970%7.640%
1st payment$2,091.95$2,025.21
2nd payment$0.00$0.00
Taxes / mo$132.50$132.50
Insurance / mo$150.00$150.00
MI / mo$152.97$58.50
HOA / mo$0.00$0.00
Total monthly$2,527.42$2,366.21
Cash to close$4,884$32,500