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$363,349$325,800
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.480%7.400%
Blended rate7.330%7.640%
1st payment$2,396.80$2,255.77
2nd payment$0.00$0.00
Taxes / mo$405.42$405.42
Insurance / mo$150.00$150.00
MI / mo$174.16$65.16
HOA / mo$92.00$92.00
Total monthly$3,218.38$2,968.35
Cash to close$0$36,200