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$375,014$337,410
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$2,509.22$2,336.16
2nd payment$0.00$0.00
Taxes / mo$204.17$204.17
Insurance / mo$150.00$150.00
MI / mo$175.51$67.48
HOA / mo$296.00$296.00
Total monthly$3,334.90$3,053.81
Cash to close$0$37,490