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$415,944$409,410
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.400%
Blended rate7.490%7.640%
1st payment$2,815.87$2,834.67
2nd payment$0.00$0.00
Taxes / mo$605.27$605.27
Insurance / mo$166.67$166.67
MI / mo$195.17$81.88
HOA / mo$36.67$36.67
Total monthly$3,819.64$3,725.16
Cash to close$38,956$45,490