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$408,993$378,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.320%
Blended rate7.150%7.560%
1st payment$2,664.50$2,596.60
2nd payment$0.00$0.00
Taxes / mo$602.17$602.17
Insurance / mo$150.00$150.00
MI / mo$191.22$75.60
HOA / mo$260.00$260.00
Total monthly$3,867.89$3,684.36
Cash to close$11,007$42,000