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$359,166$314,910
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.400%
Blended rate7.280%7.640%
1st payment$2,420.93$2,180.37
2nd payment$0.00$0.00
Taxes / mo$444.00$444.00
Insurance / mo$150.00$150.00
MI / mo$171.43$62.98
HOA / mo$315.00$315.00
Total monthly$3,501.36$3,152.36
Cash to close$0$34,990