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$422,086$409,410
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.360%7.400%
Blended rate7.210%7.640%
1st payment$2,752.23$2,834.67
2nd payment$0.00$0.00
Taxes / mo$184.58$184.58
Insurance / mo$166.67$166.67
MI / mo$312.98$81.88
HOA / mo$0.00$0.00
Total monthly$3,416.46$3,267.80
Cash to close$32,814$45,490