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$372,275$314,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$2,455.15$2,180.37
2nd payment$0.00$0.00
Taxes / mo$228.50$228.50
Insurance / mo$150.00$150.00
MI / mo$175.47$62.98
HOA / mo$220.00$220.00
Total monthly$3,229.11$2,841.86
Cash to close$0$34,990