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$384,214$360,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.060%7.320%
Blended rate7.610%7.560%
1st payment$2,628.85$2,472.95
2nd payment$0.00$0.00
Taxes / mo$333.33$333.33
Insurance / mo$150.00$150.00
MI / mo$180.01$72.00
HOA / mo$0.00$0.00
Total monthly$3,292.20$3,028.28
Cash to close$15,786$40,000