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$399,196$371,699
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.400%
Blended rate7.270%7.640%
1st payment$2,634.48$2,573.57
2nd payment$0.00$0.00
Taxes / mo$423.42$423.42
Insurance / mo$150.00$150.00
MI / mo$186.74$74.34
HOA / mo$103.00$103.00
Total monthly$3,497.64$3,324.33
Cash to close$13,803$41,300