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$420,678$395,910
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.760%7.400%
Blended rate8.310%7.640%
1st payment$3,096.65$2,741.20
2nd payment$0.00$0.00
Taxes / mo$286.11$286.11
Insurance / mo$150.00$150.00
MI / mo$197.92$79.18
HOA / mo$0.00$0.00
Total monthly$3,730.67$3,256.49
Cash to close$19,222$43,990