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$385,197$373,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$2,539.57$2,586.04
2nd payment$0.00$0.00
Taxes / mo$88.17$88.17
Insurance / mo$150.00$150.00
MI / mo$180.01$74.70
HOA / mo$0.00$0.00
Total monthly$2,957.75$2,898.91
Cash to close$29,803$41,500