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$381,882$382,500
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.320%
Blended rate7.790%7.560%
1st payment$2,637.37$2,627.51
2nd payment$0.00$0.00
Taxes / mo$220.74$220.74
Insurance / mo$150.00$150.00
MI / mo$282.50$76.50
HOA / mo$0.00$0.00
Total monthly$3,290.61$3,074.75
Cash to close$43,118$42,500