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$382,709$314,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$2,566.02$2,174.76
2nd payment$0.00$0.00
Taxes / mo$290.83$290.83
Insurance / mo$150.00$150.00
MI / mo$180.03$62.82
HOA / mo$0.00$0.00
Total monthly$3,186.88$2,678.42
Cash to close$0$34,900