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$387,558$386,991
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.880%7.400%
Blended rate7.430%7.640%
1st payment$2,613.70$2,679.45
2nd payment$0.00$0.00
Taxes / mo$197.17$197.17
Insurance / mo$150.00$150.00
MI / mo$182.26$77.40
HOA / mo$92.33$92.33
Total monthly$3,235.46$3,196.34
Cash to close$42,432$42,999