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$354,620$342,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.480%7.400%
Blended rate7.030%7.640%
1st payment$2,336.44$2,367.94
2nd payment$0.00$0.00
Taxes / mo$360.50$360.50
Insurance / mo$150.00$150.00
MI / mo$169.78$68.40
HOA / mo$90.00$90.00
Total monthly$3,106.72$3,036.84
Cash to close$25,380$38,000