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$384,112$359,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.400%
Blended rate7.290%7.640%
1st payment$2,555.43$2,486.34
2nd payment$0.00$0.00
Taxes / mo$181.17$181.17
Insurance / mo$150.00$150.00
MI / mo$180.77$71.82
HOA / mo$550.00$550.00
Total monthly$3,617.36$3,439.32
Cash to close$14,888$39,900