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$352,116$332,010
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.020%7.400%
Blended rate7.570%7.640%
1st payment$2,402.27$2,298.77
2nd payment$0.00$0.00
Taxes / mo$196.83$196.83
Insurance / mo$150.00$150.00
MI / mo$165.16$66.40
HOA / mo$28.00$28.00
Total monthly$2,942.27$2,740.01
Cash to close$16,784$36,890