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$326,059$314,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.240%
Blended rate7.540%7.480%
1st payment$2,218.07$2,140.59
2nd payment$0.00$0.00
Taxes / mo$523.99$523.99
Insurance / mo$150.00$150.00
MI / mo$152.96$62.82
HOA / mo$244.00$244.00
Total monthly$3,289.01$3,121.39
Cash to close$22,941$34,900