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$375,974$339,300
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.500%7.560%
1st payment$2,528.34$2,330.76
2nd payment$0.00$0.00
Taxes / mo$515.67$515.67
Insurance / mo$150.00$150.00
MI / mo$175.06$67.86
HOA / mo$385.00$385.00
Total monthly$3,754.07$3,449.28
Cash to close$1,026$37,700