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$419,183$291,384
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.400%
Blended rate7.180%7.640%
1st payment$2,767.70$2,017.48
2nd payment$0.00$0.00
Taxes / mo$534.80$534.80
Insurance / mo$150.00$150.00
MI / mo$198.01$58.28
HOA / mo$111.67$111.67
Total monthly$3,762.18$2,872.23
Cash to close$0$32,376