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$394,975$318,600
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.180%7.320%
Blended rate7.730%7.560%
1st payment$2,760.43$2,188.56
2nd payment$0.00$0.00
Taxes / mo$433.25$433.25
Insurance / mo$150.00$150.00
MI / mo$186.76$63.72
HOA / mo$29.17$29.17
Total monthly$3,559.61$2,864.70
Cash to close$0$35,400