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$381,719$304,019
Remaining term (yrs)21.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.530%7.320%
Blended rate5.380%7.560%
1st payment$2,281.61$2,088.40
2nd payment$0.00$0.00
Taxes / mo$500.58$500.58
Insurance / mo$150.00$150.00
MI / mo$317.84$60.80
HOA / mo$0.00$0.00
Total monthly$3,250.04$2,799.79
Cash to close$0$33,780