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$396,013$314,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.320%
Blended rate6.640%7.560%
1st payment$2,496.41$2,157.65
2nd payment$0.00$0.00
Taxes / mo$235.92$235.92
Insurance / mo$150.00$150.00
MI / mo$189.01$62.82
HOA / mo$0.00$0.00
Total monthly$3,071.34$2,606.39
Cash to close$0$34,900