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$359,406$337,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.630%7.400%
Blended rate8.180%7.640%
1st payment$2,619.06$2,336.78
2nd payment$0.00$0.00
Taxes / mo$398.84$398.84
Insurance / mo$150.00$150.00
MI / mo$169.52$67.50
HOA / mo$88.33$88.33
Total monthly$3,425.75$3,041.46
Cash to close$15,594$37,500