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$406,877$395,999
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$2,738.45$2,741.82
2nd payment$0.00$0.00
Taxes / mo$409.38$409.38
Insurance / mo$150.00$150.00
MI / mo$190.77$79.20
HOA / mo$88.00$88.00
Total monthly$3,576.60$3,468.40
Cash to close$33,122$44,000