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$402,765$386,910
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.790%7.400%
Blended rate8.340%7.640%
1st payment$2,975.57$2,678.89
2nd payment$0.00$0.00
Taxes / mo$602.27$602.27
Insurance / mo$150.00$150.00
MI / mo$189.63$77.38
HOA / mo$82.33$82.33
Total monthly$3,999.81$3,590.87
Cash to close$27,135$42,990