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$375,808$368,550
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.120%7.320%
Blended rate7.670%7.560%
1st payment$2,611.67$2,531.68
2nd payment$0.00$0.00
Taxes / mo$145.67$145.67
Insurance / mo$150.00$150.00
MI / mo$177.76$73.71
HOA / mo$59.00$59.00
Total monthly$3,144.10$2,960.06
Cash to close$33,692$40,950