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$404,798$373,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.750%7.640%
1st payment$2,782.07$2,586.04
2nd payment$0.00$0.00
Taxes / mo$477.83$477.83
Insurance / mo$150.00$150.00
MI / mo$299.22$74.70
HOA / mo$111.00$111.00
Total monthly$3,820.12$3,399.57
Cash to close$10,202$41,500