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$429,346$412,110
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$2,875.59$2,830.91
2nd payment$0.00$0.00
Taxes / mo$151.68$151.68
Insurance / mo$166.67$166.67
MI / mo$201.14$82.42
HOA / mo$150.00$150.00
Total monthly$3,545.07$3,381.68
Cash to close$28,554$45,790