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$355,480$355,500
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.400%
Blended rate7.790%7.640%
1st payment$2,457.79$2,461.41
2nd payment$0.00$0.00
Taxes / mo$573.00$573.00
Insurance / mo$150.00$150.00
MI / mo$263.27$71.10
HOA / mo$16.67$16.67
Total monthly$3,460.73$3,272.18
Cash to close$39,520$39,500