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$392,772$369,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.400%
Blended rate7.340%7.640%
1st payment$2,653.77$2,554.88
2nd payment$0.00$0.00
Taxes / mo$413.33$413.33
Insurance / mo$150.00$150.00
MI / mo$186.76$73.80
HOA / mo$159.33$159.33
Total monthly$3,563.20$3,351.34
Cash to close$17,228$41,000