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$406,696$396,000
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.400%
Blended rate7.440%7.640%
1st payment$2,711.25$2,741.82
2nd payment$0.00$0.00
Taxes / mo$314.42$314.42
Insurance / mo$150.00$150.00
MI / mo$188.87$79.20
HOA / mo$0.00$0.00
Total monthly$3,364.54$3,285.44
Cash to close$33,304$44,000