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$335,706$323,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.320%
Blended rate7.490%7.560%
1st payment$2,272.67$2,219.47
2nd payment$0.00$0.00
Taxes / mo$199.58$199.58
Insurance / mo$150.00$150.00
MI / mo$157.52$64.62
HOA / mo$115.00$115.00
Total monthly$2,894.78$2,748.68
Cash to close$23,294$35,900