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$370,678$360,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.320%
Blended rate6.820%7.560%
1st payment$2,393.08$2,472.95
2nd payment$0.00$0.00
Taxes / mo$333.33$333.33
Insurance / mo$150.00$150.00
MI / mo$177.76$72.00
HOA / mo$167.00$167.00
Total monthly$3,221.17$3,195.28
Cash to close$29,322$40,000