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$414,213$403,200
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$2,755.25$2,769.70
2nd payment$0.00$0.00
Taxes / mo$603.50$603.50
Insurance / mo$150.00$150.00
MI / mo$193.51$80.64
HOA / mo$107.00$107.00
Total monthly$3,809.26$3,710.84
Cash to close$33,787$44,800