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$388,178$343,620
Remaining term (yrs)37.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.320%
Blended rate7.320%7.560%
1st payment$2,381.52$2,360.43
2nd payment$0.00$0.00
Taxes / mo$559.55$559.55
Insurance / mo$150.00$150.00
MI / mo$180.48$68.72
HOA / mo$45.00$45.00
Total monthly$3,316.55$3,183.71
Cash to close$0$38,180