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$353,180$335,700
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.550%7.400%
Blended rate6.400%7.640%
1st payment$2,137.79$2,324.32
2nd payment$0.00$0.00
Taxes / mo$411.08$411.08
Insurance / mo$150.00$150.00
MI / mo$265.23$67.14
HOA / mo$8.33$8.33
Total monthly$2,972.43$2,960.87
Cash to close$19,820$37,300