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$353,642$341,100
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.320%
Blended rate7.540%7.560%
1st payment$2,408.06$2,343.12
2nd payment$0.00$0.00
Taxes / mo$428.25$428.25
Insurance / mo$150.00$150.00
MI / mo$166.06$68.22
HOA / mo$90.00$90.00
Total monthly$3,242.38$3,079.59
Cash to close$25,358$37,900