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$391,006$257,472
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.130%7.320%
Blended rate5.980%7.560%
1st payment$2,268.36$1,768.65
2nd payment$0.00$0.00
Taxes / mo$370.17$370.17
Insurance / mo$150.00$150.00
MI / mo$294.93$51.49
HOA / mo$36.25$36.25
Total monthly$3,119.70$2,376.57
Cash to close$0$28,608