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$367,243$294,300
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.750%7.320%
Blended rate6.300%7.560%
1st payment$2,243.30$2,021.64
2nd payment$0.00$0.00
Taxes / mo$199.92$199.92
Insurance / mo$150.00$150.00
MI / mo$176.19$58.86
HOA / mo$387.00$387.00
Total monthly$3,156.40$2,817.41
Cash to close$0$32,700