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$361,554$359,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.060%7.320%
Blended rate7.610%7.560%
1st payment$2,476.19$2,466.77
2nd payment$0.00$0.00
Taxes / mo$295.92$295.92
Insurance / mo$150.00$150.00
MI / mo$169.56$71.82
HOA / mo$160.00$160.00
Total monthly$3,251.66$3,144.50
Cash to close$37,446$39,900