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$362,194$359,100
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.630%7.400%
Blended rate8.180%7.640%
1st payment$2,634.53$2,486.34
2nd payment$0.00$0.00
Taxes / mo$519.50$519.50
Insurance / mo$150.00$150.00
MI / mo$170.52$71.82
HOA / mo$135.00$135.00
Total monthly$3,609.54$3,362.66
Cash to close$36,806$39,900