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$362,690$337,410
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.070%7.400%
Blended rate7.620%7.640%
1st payment$2,508.63$2,336.16
2nd payment$0.00$0.00
Taxes / mo$326.58$326.58
Insurance / mo$150.00$150.00
MI / mo$171.61$67.48
HOA / mo$80.00$80.00
Total monthly$3,236.82$2,960.22
Cash to close$12,210$37,490