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$430,777$405,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$2,863.08$2,804.14
2nd payment$0.00$0.00
Taxes / mo$375.00$375.00
Insurance / mo$150.00$150.00
MI / mo$200.26$81.00
HOA / mo$38.00$38.00
Total monthly$3,626.35$3,448.14
Cash to close$19,223$45,000