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$536,249$405,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.400%
Blended rate6.850%7.640%
1st payment$3,354.84$2,804.14
2nd payment$0.00$0.00
Taxes / mo$299.25$299.25
Insurance / mo$150.00$150.00
MI / mo$248.42$81.00
HOA / mo$0.00$0.00
Total monthly$4,052.51$3,334.39
Cash to close$0$45,000