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$367,192$328,500
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.200%7.400%
Blended rate7.750%7.640%
1st payment$2,566.00$2,274.47
2nd payment$0.00$0.00
Taxes / mo$195.75$195.75
Insurance / mo$150.00$150.00
MI / mo$173.26$65.70
HOA / mo$142.00$142.00
Total monthly$3,227.01$2,827.92
Cash to close$0$36,500