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$425,254$422,010
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$2,813.16$2,921.91
2nd payment$0.00$0.00
Taxes / mo$390.75$390.75
Insurance / mo$166.67$166.67
MI / mo$202.51$84.40
HOA / mo$389.00$389.00
Total monthly$3,962.09$3,952.73
Cash to close$43,646$46,890