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$378,023$375,300
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$2,542.43$2,578.05
2nd payment$0.00$0.00
Taxes / mo$222.00$222.00
Insurance / mo$150.00$150.00
MI / mo$178.38$75.06
HOA / mo$0.00$0.00
Total monthly$3,092.81$3,025.11
Cash to close$38,977$41,700