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$402,622$369,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$2,699.53$2,534.77
2nd payment$0.00$0.00
Taxes / mo$165.01$165.01
Insurance / mo$150.00$150.00
MI / mo$189.40$73.80
HOA / mo$41.67$41.67
Total monthly$3,245.61$2,965.25
Cash to close$7,378$41,000