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$373,544$337,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.400%
Blended rate7.260%7.640%
1st payment$2,504.61$2,336.78
2nd payment$0.00$0.00
Taxes / mo$231.75$231.75
Insurance / mo$150.00$150.00
MI / mo$177.72$67.50
HOA / mo$160.00$160.00
Total monthly$3,224.08$2,946.03
Cash to close$1,456$37,500