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$402,869$359,910
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.550%7.400%
Blended rate6.400%7.640%
1st payment$2,438.56$2,491.94
2nd payment$0.00$0.00
Taxes / mo$154.50$154.50
Insurance / mo$150.00$150.00
MI / mo$302.54$71.98
HOA / mo$67.00$67.00
Total monthly$3,112.61$2,935.43
Cash to close$0$39,990