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$384,456$370,800
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.320%
Blended rate7.420%7.560%
1st payment$2,562.68$2,547.14
2nd payment$0.00$0.00
Taxes / mo$262.42$262.42
Insurance / mo$150.00$150.00
MI / mo$178.89$74.16
HOA / mo$261.00$261.00
Total monthly$3,414.99$3,294.72
Cash to close$27,544$41,200