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$378,839$352,799
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.270%7.400%
Blended rate6.120%7.640%
1st payment$2,242.81$2,442.71
2nd payment$0.00$0.00
Taxes / mo$310.17$310.17
Insurance / mo$150.00$150.00
MI / mo$287.05$70.56
HOA / mo$110.00$110.00
Total monthly$3,100.02$3,083.44
Cash to close$13,160$39,200