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$376,974$355,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.500%7.320%
Blended rate8.050%7.560%
1st payment$2,711.83$2,442.04
2nd payment$0.00$0.00
Taxes / mo$735.84$735.84
Insurance / mo$150.00$150.00
MI / mo$177.76$71.10
HOA / mo$150.00$150.00
Total monthly$3,925.43$3,548.98
Cash to close$18,026$39,500