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$384,517$351,000
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.320%
Blended rate6.820%7.560%
1st payment$2,393.33$2,411.13
2nd payment$0.00$0.00
Taxes / mo$406.50$406.50
Insurance / mo$150.00$150.00
MI / mo$177.78$70.20
HOA / mo$150.67$150.67
Total monthly$3,278.28$3,188.50
Cash to close$5,483$39,000