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$440,855$333,000
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.990%7.400%
Blended rate7.540%7.640%
1st payment$3,001.93$2,305.62
2nd payment$0.00$0.00
Taxes / mo$308.33$308.33
Insurance / mo$150.00$150.00
MI / mo$207.01$66.60
HOA / mo$0.00$0.00
Total monthly$3,667.27$2,830.56
Cash to close$0$37,000