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$334,491$328,410
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.240%
Blended rate7.270%7.480%
1st payment$2,190.38$2,238.11
2nd payment$0.00$0.00
Taxes / mo$22.67$22.67
Insurance / mo$150.00$150.00
MI / mo$155.26$65.68
HOA / mo$27.00$27.00
Total monthly$2,545.31$2,503.46
Cash to close$30,409$36,490