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$363,316$305,910
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$2,402.89$2,101.39
2nd payment$0.00$0.00
Taxes / mo$220.25$220.25
Insurance / mo$150.00$150.00
MI / mo$168.76$61.18
HOA / mo$40.00$40.00
Total monthly$2,981.90$2,572.82
Cash to close$0$33,990