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$380,498$319,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.320%
Blended rate6.810%7.560%
1st payment$2,451.07$2,194.74
2nd payment$0.00$0.00
Taxes / mo$203.58$203.58
Insurance / mo$150.00$150.00
MI / mo$182.26$63.90
HOA / mo$460.00$460.00
Total monthly$3,446.92$3,072.23
Cash to close$0$35,500