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$407,157$373,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.400%
Blended rate6.080%7.640%
1st payment$2,397.10$2,586.04
2nd payment$0.00$0.00
Taxes / mo$468.08$468.08
Insurance / mo$150.00$150.00
MI / mo$308.18$74.70
HOA / mo$75.00$75.00
Total monthly$3,398.36$3,353.82
Cash to close$7,843$41,500