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$373,226$337,500
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.100%7.400%
Blended rate7.650%7.640%
1st payment$2,573.42$2,336.78
2nd payment$0.00$0.00
Taxes / mo$492.33$492.33
Insurance / mo$150.00$150.00
MI / mo$175.51$67.50
HOA / mo$15.00$15.00
Total monthly$3,406.26$3,061.62
Cash to close$1,774$37,500