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$391,440$369,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.400%
Blended rate8.120%7.640%
1st payment$2,834.17$2,554.88
2nd payment$0.00$0.00
Taxes / mo$241.92$241.92
Insurance / mo$150.00$150.00
MI / mo$184.51$73.80
HOA / mo$15.42$15.42
Total monthly$3,426.02$3,036.02
Cash to close$18,560$41,000