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$411,188$396,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.940%7.400%
Blended rate7.490%7.640%
1st payment$2,791.99$2,741.82
2nd payment$0.00$0.00
Taxes / mo$205.17$205.17
Insurance / mo$150.00$150.00
MI / mo$193.51$79.20
HOA / mo$300.00$300.00
Total monthly$3,640.67$3,476.19
Cash to close$28,812$44,000