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$324,580$292,500
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.190%7.400%
Blended rate6.740%7.640%
1st payment$2,001.50$2,025.21
2nd payment$0.00$0.00
Taxes / mo$125.25$125.25
Insurance / mo$150.00$150.00
MI / mo$149.94$58.50
HOA / mo$0.00$0.00
Total monthly$2,426.68$2,358.96
Cash to close$420$32,500