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$437,609$436,491
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$2,919.54$2,998.39
2nd payment$0.00$0.00
Taxes / mo$406.58$406.58
Insurance / mo$166.67$166.67
MI / mo$204.21$87.30
HOA / mo$27.67$27.67
Total monthly$3,724.67$3,686.61
Cash to close$47,381$48,499