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$360,209$359,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.400%
Blended rate7.670%7.640%
1st payment$2,505.82$2,486.34
2nd payment$0.00$0.00
Taxes / mo$661.41$661.41
Insurance / mo$150.00$150.00
MI / mo$170.56$71.82
HOA / mo$8.33$8.33
Total monthly$3,496.12$3,377.90
Cash to close$38,791$39,900