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$407,459$368,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.960%7.400%
Blended rate7.510%7.640%
1st payment$2,791.95$2,548.65
2nd payment$0.00$0.00
Taxes / mo$444.92$444.92
Insurance / mo$150.00$150.00
MI / mo$193.12$73.62
HOA / mo$203.00$203.00
Total monthly$3,782.98$3,420.19
Cash to close$1,541$40,900