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$425,666$395,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.320%
Blended rate7.170%7.560%
1st payment$2,764.91$2,719.63
2nd payment$0.00$0.00
Taxes / mo$238.17$238.17
Insurance / mo$150.00$150.00
MI / mo$198.01$79.18
HOA / mo$0.00$0.00
Total monthly$3,351.09$3,186.98
Cash to close$14,234$43,990