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$392,273$382,410
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.500%7.400%
Blended rate8.050%7.640%
1st payment$2,816.62$2,647.73
2nd payment$0.00$0.00
Taxes / mo$679.08$679.08
Insurance / mo$150.00$150.00
MI / mo$184.63$76.48
HOA / mo$18.33$18.33
Total monthly$3,848.67$3,571.62
Cash to close$32,627$42,490