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$334,978$331,194
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.240%
Blended rate7.420%7.480%
1st payment$2,252.39$2,257.08
2nd payment$0.00$0.00
Taxes / mo$526.75$526.75
Insurance / mo$150.00$150.00
MI / mo$157.23$66.24
HOA / mo$130.00$130.00
Total monthly$3,216.37$3,130.07
Cash to close$33,015$36,799