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$367,652$351,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$2,483.40$2,411.13
2nd payment$0.00$0.00
Taxes / mo$491.10$491.10
Insurance / mo$150.00$150.00
MI / mo$174.42$70.20
HOA / mo$36.67$36.67
Total monthly$3,335.59$3,159.09
Cash to close$22,348$39,000