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$418,172$414,900
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.090%7.320%
Blended rate7.640%7.560%
1st payment$2,903.82$2,850.08
2nd payment$0.00$0.00
Taxes / mo$177.42$177.42
Insurance / mo$166.67$166.67
MI / mo$198.24$82.98
HOA / mo$90.00$90.00
Total monthly$3,536.14$3,367.14
Cash to close$42,828$46,100