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$640,235$414,000
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.760%7.320%
Blended rate3.610%7.560%
1st payment$2,943.15$2,843.89
2nd payment$0.00$0.00
Taxes / mo$236.37$236.37
Insurance / mo$166.67$166.67
MI / mo$510.00$82.80
HOA / mo$198.00$198.00
Total monthly$4,054.19$3,527.73
Cash to close$0$46,000