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$364,296$283,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.690%7.320%
Blended rate4.540%7.560%
1st payment$1,828.13$1,947.45
2nd payment$0.00$0.00
Taxes / mo$634.83$634.83
Insurance / mo$150.00$150.00
MI / mo$281.68$56.70
HOA / mo$8.33$8.33
Total monthly$2,902.97$2,797.31
Cash to close$0$31,500