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$354,381$346,410
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.480%7.320%
Blended rate7.030%7.560%
1st payment$2,334.87$2,379.60
2nd payment$0.00$0.00
Taxes / mo$438.33$438.33
Insurance / mo$150.00$150.00
MI / mo$169.66$69.28
HOA / mo$83.33$83.33
Total monthly$3,176.19$3,120.54
Cash to close$30,519$38,490