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$377,909$288,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$2,499.96$1,994.05
2nd payment$0.00$0.00
Taxes / mo$239.58$239.58
Insurance / mo$150.00$150.00
MI / mo$179.97$57.60
HOA / mo$630.00$630.00
Total monthly$3,699.51$3,071.24
Cash to close$0$32,000