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$372,033$315,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.320%
Blended rate6.820%7.560%
1st payment$2,393.08$2,163.83
2nd payment$0.00$0.00
Taxes / mo$432.17$432.17
Insurance / mo$150.00$150.00
MI / mo$177.76$63.00
HOA / mo$445.00$445.00
Total monthly$3,598.00$3,254.00
Cash to close$0$35,000