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$367,835$319,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.520%7.400%
Blended rate6.370%7.640%
1st payment$2,226.23$2,212.15
2nd payment$0.00$0.00
Taxes / mo$619.58$619.58
Insurance / mo$150.00$150.00
MI / mo$277.12$63.90
HOA / mo$18.75$18.75
Total monthly$3,291.68$3,064.39
Cash to close$0$35,500