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$382,085$382,410
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.660%7.640%
1st payment$2,603.84$2,647.73
2nd payment$0.00$0.00
Taxes / mo$354.08$354.08
Insurance / mo$150.00$150.00
MI / mo$282.63$76.48
HOA / mo$600.00$600.00
Total monthly$3,990.55$3,828.29
Cash to close$42,815$42,490