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$421,394$396,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.320%
Blended rate7.170%7.560%
1st payment$2,739.84$2,720.25
2nd payment$0.00$0.00
Taxes / mo$765.63$765.63
Insurance / mo$150.00$150.00
MI / mo$196.22$79.20
HOA / mo$109.00$109.00
Total monthly$3,960.69$3,824.07
Cash to close$18,606$44,000