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$422,677$378,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$2,830.92$2,617.20
2nd payment$0.00$0.00
Taxes / mo$317.08$317.08
Insurance / mo$150.00$150.00
MI / mo$198.01$75.60
HOA / mo$160.00$160.00
Total monthly$3,656.01$3,319.88
Cash to close$0$42,000