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$372,681$341,910
Remaining term (yrs)29.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,357.73$2,367.32
2nd payment$0.00$0.00
Taxes / mo$164.75$164.75
Insurance / mo$150.00$150.00
MI / mo$170.97$68.38
HOA / mo$20.00$20.00
Total monthly$2,863.44$2,770.45
Cash to close$7,219$37,990