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$367,561$342,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$2,435.97$2,367.94
2nd payment$0.00$0.00
Taxes / mo$52.83$52.83
Insurance / mo$150.00$150.00
MI / mo$170.56$68.40
HOA / mo$31.25$31.25
Total monthly$2,840.61$2,670.42
Cash to close$12,439$38,000