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$389,189$369,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.320%
Blended rate7.270%7.560%
1st payment$2,565.89$2,534.77
2nd payment$0.00$0.00
Taxes / mo$634.92$634.92
Insurance / mo$150.00$150.00
MI / mo$181.88$73.80
HOA / mo$10.00$10.00
Total monthly$3,542.69$3,403.49
Cash to close$20,811$41,000