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$422,776$409,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.400%
Blended rate6.810%7.640%
1st payment$2,723.41$2,835.30
2nd payment$0.00$0.00
Taxes / mo$408.58$408.58
Insurance / mo$166.67$166.67
MI / mo$202.51$81.90
HOA / mo$0.00$0.00
Total monthly$3,501.18$3,492.45
Cash to close$32,224$45,500