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$368,633$328,500
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$2,399.58$2,274.47
2nd payment$0.00$0.00
Taxes / mo$240.83$240.83
Insurance / mo$150.00$150.00
MI / mo$170.97$65.70
HOA / mo$234.00$234.00
Total monthly$3,195.38$2,965.00
Cash to close$0$36,500