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$348,889$350,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.620%7.400%
Blended rate8.170%7.640%
1st payment$2,535.42$2,424.02
2nd payment$0.00$0.00
Taxes / mo$158.25$158.25
Insurance / mo$150.00$150.00
MI / mo$164.26$70.02
HOA / mo$66.25$66.25
Total monthly$3,074.18$2,868.54
Cash to close$40,111$38,900