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$370,765$364,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.890%7.320%
Blended rate6.740%7.560%
1st payment$2,321.18$2,503.86
2nd payment$0.00$0.00
Taxes / mo$576.17$576.17
Insurance / mo$150.00$150.00
MI / mo$277.50$72.90
HOA / mo$10.83$10.83
Total monthly$3,335.67$3,313.76
Cash to close$34,235$40,500