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$387,914$382,499
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.570%7.400%
Blended rate8.120%7.640%
1st payment$2,806.04$2,648.35
2nd payment$0.00$0.00
Taxes / mo$202.25$202.25
Insurance / mo$150.00$150.00
MI / mo$182.68$76.50
HOA / mo$160.00$160.00
Total monthly$3,500.97$3,237.10
Cash to close$37,085$42,500