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$368,025$315,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.630%7.320%
Blended rate8.180%7.560%
1st payment$2,676.94$2,163.83
2nd payment$0.00$0.00
Taxes / mo$457.50$457.50
Insurance / mo$150.00$150.00
MI / mo$173.26$63.00
HOA / mo$8.92$8.92
Total monthly$3,466.63$2,843.25
Cash to close$0$35,000