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$362,418$269,100
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$2,390.34$1,863.19
2nd payment$0.00$0.00
Taxes / mo$477.42$477.42
Insurance / mo$150.00$150.00
MI / mo$171.01$53.82
HOA / mo$0.00$0.00
Total monthly$3,188.77$2,544.43
Cash to close$0$29,900