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$352,253$346,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.240%
Blended rate7.490%7.480%
1st payment$2,389.42$2,361.39
2nd payment$0.00$0.00
Taxes / mo$327.08$327.08
Insurance / mo$150.00$150.00
MI / mo$165.61$69.30
HOA / mo$16.67$16.67
Total monthly$3,048.79$2,924.44
Cash to close$32,747$38,500