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$366,197$346,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.320%
Blended rate6.890%7.560%
1st payment$2,371.72$2,380.21
2nd payment$0.00$0.00
Taxes / mo$120.75$120.75
Insurance / mo$150.00$150.00
MI / mo$174.88$69.30
HOA / mo$65.00$65.00
Total monthly$2,882.36$2,785.26
Cash to close$18,803$38,500