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$405,721$404,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.170%7.400%
Blended rate7.720%7.640%
1st payment$2,813.50$2,797.91
2nd payment$0.00$0.00
Taxes / mo$464.92$464.92
Insurance / mo$150.00$150.00
MI / mo$190.54$80.82
HOA / mo$62.50$62.50
Total monthly$3,681.46$3,556.14
Cash to close$43,279$44,900