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$375,637$337,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.550%7.400%
Blended rate6.400%7.640%
1st payment$2,273.72$2,336.78
2nd payment$0.00$0.00
Taxes / mo$573.50$573.50
Insurance / mo$150.00$150.00
MI / mo$282.09$67.50
HOA / mo$36.67$36.67
Total monthly$3,315.99$3,164.45
Cash to close$0$37,500