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$435,040$386,910
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,762.37$2,678.89
2nd payment$0.00$0.00
Taxes / mo$94.50$94.50
Insurance / mo$150.00$150.00
MI / mo$200.31$77.38
HOA / mo$100.00$100.00
Total monthly$3,307.18$3,100.77
Cash to close$0$42,990