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$398,867$369,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.450%7.640%
1st payment$2,720.41$2,554.88
2nd payment$0.00$0.00
Taxes / mo$408.08$408.08
Insurance / mo$150.00$150.00
MI / mo$189.32$73.80
HOA / mo$200.00$200.00
Total monthly$3,667.81$3,386.76
Cash to close$11,133$41,000