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$354,573$332,910
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.040%7.320%
Blended rate7.590%7.560%
1st payment$2,405.54$2,286.86
2nd payment$0.00$0.00
Taxes / mo$278.42$278.42
Insurance / mo$150.00$150.00
MI / mo$165.05$66.58
HOA / mo$78.00$78.00
Total monthly$3,077.01$2,859.86
Cash to close$15,327$36,990