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$389,707$353,790
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.230%7.400%
Blended rate6.780%7.640%
1st payment$2,413.15$2,449.57
2nd payment$0.00$0.00
Taxes / mo$177.00$177.00
Insurance / mo$150.00$150.00
MI / mo$180.01$70.76
HOA / mo$0.00$0.00
Total monthly$2,920.17$2,847.33
Cash to close$3,393$39,310