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$387,186$322,200
Remaining term (yrs)16.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.350%7.400%
Blended rate4.200%7.640%
1st payment$2,557.82$2,230.85
2nd payment$0.00$0.00
Taxes / mo$243.67$243.67
Insurance / mo$150.00$150.00
MI / mo$411.10$64.44
HOA / mo$0.00$0.00
Total monthly$3,362.59$2,688.95
Cash to close$0$35,800