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$378,734$355,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$2,536.60$2,461.41
2nd payment$0.00$0.00
Taxes / mo$434.33$434.33
Insurance / mo$150.00$150.00
MI / mo$179.99$71.10
HOA / mo$305.00$305.00
Total monthly$3,605.92$3,421.84
Cash to close$16,266$39,500