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$389,005$373,500
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.820%7.400%
Blended rate7.370%7.640%
1st payment$2,605.58$2,586.04
2nd payment$0.00$0.00
Taxes / mo$183.17$183.17
Insurance / mo$150.00$150.00
MI / mo$182.81$74.70
HOA / mo$50.00$50.00
Total monthly$3,171.56$3,043.91
Cash to close$25,995$41,500