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$364,710$342,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.310%7.400%
Blended rate7.160%7.640%
1st payment$2,366.62$2,367.94
2nd payment$0.00$0.00
Taxes / mo$563.92$563.92
Insurance / mo$150.00$150.00
MI / mo$270.54$68.40
HOA / mo$103.33$103.33
Total monthly$3,454.41$3,253.59
Cash to close$15,290$38,000