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$358,481$328,500
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.830%7.320%
Blended rate7.380%7.560%
1st payment$2,375.63$2,256.57
2nd payment$0.00$0.00
Taxes / mo$368.50$368.50
Insurance / mo$150.00$150.00
MI / mo$166.51$65.70
HOA / mo$76.67$76.67
Total monthly$3,137.31$2,917.44
Cash to close$6,519$36,500