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$384,831$350,991
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.240%7.400%
Blended rate6.790%7.640%
1st payment$2,385.44$2,430.19
2nd payment$0.00$0.00
Taxes / mo$265.17$265.17
Insurance / mo$150.00$150.00
MI / mo$177.76$70.20
HOA / mo$36.67$36.67
Total monthly$3,015.04$2,952.23
Cash to close$5,159$38,999