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$372,851$346,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.320%
Blended rate7.370%7.560%
1st payment$2,507.65$2,380.21
2nd payment$0.00$0.00
Taxes / mo$432.25$432.25
Insurance / mo$150.00$150.00
MI / mo$175.94$69.30
HOA / mo$12.92$12.92
Total monthly$3,278.76$3,044.68
Cash to close$12,149$38,500