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$329,919$238,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.320%
Blended rate6.670%7.560%
1st payment$2,098.93$1,638.33
2nd payment$0.00$0.00
Taxes / mo$220.83$220.83
Insurance / mo$150.00$150.00
MI / mo$158.41$47.70
HOA / mo$0.00$0.00
Total monthly$2,628.17$2,056.86
Cash to close$0$26,500