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$360,799$340,191
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$2,297.16$2,355.41
2nd payment$0.00$0.00
Taxes / mo$314.99$314.99
Insurance / mo$150.00$150.00
MI / mo$169.21$68.04
HOA / mo$70.00$70.00
Total monthly$3,001.36$2,958.44
Cash to close$17,191$37,799