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$373,045$267,624
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.400%
Blended rate5.950%7.640%
1st payment$2,167.54$1,852.97
2nd payment$0.00$0.00
Taxes / mo$247.80$247.80
Insurance / mo$150.00$150.00
MI / mo$282.78$53.52
HOA / mo$0.00$0.00
Total monthly$2,848.12$2,304.30
Cash to close$0$29,736