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$369,492$350,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.860%7.400%
Blended rate7.410%7.640%
1st payment$2,479.57$2,429.63
2nd payment$0.00$0.00
Taxes / mo$193.08$193.08
Insurance / mo$150.00$150.00
MI / mo$173.26$70.18
HOA / mo$0.00$0.00
Total monthly$2,995.92$2,842.90
Cash to close$20,408$38,990