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$374,215$368,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.020%7.400%
Blended rate7.570%7.640%
1st payment$2,545.70$2,554.26
2nd payment$0.00$0.00
Taxes / mo$142.25$142.25
Insurance / mo$150.00$150.00
MI / mo$175.02$73.78
HOA / mo$0.00$0.00
Total monthly$3,012.97$2,920.29
Cash to close$35,685$40,990