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$427,958$359,100
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$2,829.34$2,486.34
2nd payment$0.00$0.00
Taxes / mo$332.50$332.50
Insurance / mo$150.00$150.00
MI / mo$204.31$71.82
HOA / mo$0.00$0.00
Total monthly$3,516.16$3,040.66
Cash to close$0$39,900