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$398,229$368,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.060%7.320%
Blended rate7.610%7.560%
1st payment$2,727.37$2,528.59
2nd payment$0.00$0.00
Taxes / mo$318.08$318.08
Insurance / mo$150.00$150.00
MI / mo$186.76$73.62
HOA / mo$0.00$0.00
Total monthly$3,382.21$3,070.29
Cash to close$10,771$40,900