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$377,224$304,200
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.800%7.400%
Blended rate8.350%7.640%
1st payment$2,791.91$2,106.22
2nd payment$0.00$0.00
Taxes / mo$388.44$388.44
Insurance / mo$150.00$150.00
MI / mo$177.76$60.84
HOA / mo$95.00$95.00
Total monthly$3,603.11$2,800.50
Cash to close$0$33,800