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$438,862$423,000
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.440%7.320%
Blended rate7.990%7.560%
1st payment$3,139.52$2,905.72
2nd payment$0.00$0.00
Taxes / mo$749.92$749.92
Insurance / mo$166.67$166.67
MI / mo$207.01$84.60
HOA / mo$39.33$39.33
Total monthly$4,302.45$3,946.23
Cash to close$31,138$47,000