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$354,617$341,100
Remaining term (yrs)22.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.100%7.400%
Blended rate7.650%7.640%
1st payment$2,625.88$2,361.71
2nd payment$0.00$0.00
Taxes / mo$463.00$463.00
Insurance / mo$150.00$150.00
MI / mo$168.76$68.22
HOA / mo$250.00$250.00
Total monthly$3,657.63$3,292.93
Cash to close$24,383$37,900