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$376,991$341,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.230%7.400%
Blended rate7.780%7.640%
1st payment$2,647.14$2,367.32
2nd payment$0.00$0.00
Taxes / mo$615.25$615.25
Insurance / mo$150.00$150.00
MI / mo$178.21$68.38
HOA / mo$11.25$11.25
Total monthly$3,601.85$3,212.20
Cash to close$2,909$37,990