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$418,328$364,500
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.320%
Blended rate7.510%7.560%
1st payment$2,863.43$2,503.86
2nd payment$0.00$0.00
Taxes / mo$757.45$757.45
Insurance / mo$150.00$150.00
MI / mo$198.06$72.90
HOA / mo$105.00$105.00
Total monthly$4,073.94$3,589.21
Cash to close$0$40,500