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$434,151$339,750
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$2,822.25$2,333.85
2nd payment$0.00$0.00
Taxes / mo$394.25$394.25
Insurance / mo$150.00$150.00
MI / mo$207.01$67.95
HOA / mo$35.42$35.42
Total monthly$3,608.94$2,981.47
Cash to close$0$37,750