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$357,779$342,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.450%7.560%
1st payment$2,424.91$2,349.30
2nd payment$0.00$0.00
Taxes / mo$307.25$307.25
Insurance / mo$150.00$150.00
MI / mo$168.75$68.40
HOA / mo$128.00$128.00
Total monthly$3,178.92$3,002.95
Cash to close$22,221$38,000