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$358,755$328,500
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.750%7.400%
Blended rate7.300%7.640%
1st payment$2,356.34$2,274.47
2nd payment$0.00$0.00
Taxes / mo$558.76$558.76
Insurance / mo$150.00$150.00
MI / mo$166.51$65.70
HOA / mo$8.33$8.33
Total monthly$3,239.94$3,057.26
Cash to close$6,245$36,500