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$394,975$382,410
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$2,684.60$2,647.73
2nd payment$0.00$0.00
Taxes / mo$657.25$657.25
Insurance / mo$150.00$150.00
MI / mo$186.07$76.48
HOA / mo$152.00$152.00
Total monthly$3,829.92$3,683.46
Cash to close$29,925$42,490