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$404,447$324,815
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.720%7.320%
Blended rate7.270%7.560%
1st payment$2,666.48$2,231.25
2nd payment$0.00$0.00
Taxes / mo$581.92$581.92
Insurance / mo$150.00$150.00
MI / mo$189.01$64.96
HOA / mo$70.67$70.67
Total monthly$3,658.08$3,098.80
Cash to close$0$36,091