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$386,386$369,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.320%
Blended rate7.240%7.560%
1st payment$2,563.40$2,534.77
2nd payment$0.00$0.00
Taxes / mo$470.67$470.67
Insurance / mo$150.00$150.00
MI / mo$182.26$73.80
HOA / mo$58.00$58.00
Total monthly$3,424.33$3,287.24
Cash to close$23,614$41,000