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$436,012$427,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.500%7.560%
1st payment$2,932.08$2,936.63
2nd payment$0.00$0.00
Taxes / mo$550.53$550.53
Insurance / mo$166.67$166.67
MI / mo$203.02$85.50
HOA / mo$180.00$180.00
Total monthly$4,032.29$3,919.32
Cash to close$38,988$47,500