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$355,051$337,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$2,260.57$2,318.39
2nd payment$0.00$0.00
Taxes / mo$422.42$422.42
Insurance / mo$150.00$150.00
MI / mo$166.51$67.50
HOA / mo$17.92$17.92
Total monthly$3,017.42$2,976.23
Cash to close$19,949$37,500