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$424,739$406,800
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.400%
Blended rate6.980%7.640%
1st payment$2,771.86$2,816.60
2nd payment$0.00$0.00
Taxes / mo$735.57$735.57
Insurance / mo$166.67$166.67
MI / mo$202.47$81.36
HOA / mo$8.33$8.33
Total monthly$3,884.89$3,808.53
Cash to close$27,261$45,200