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$424,047$387,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$2,836.52$2,679.51
2nd payment$0.00$0.00
Taxes / mo$520.25$520.25
Insurance / mo$150.00$150.00
MI / mo$202.51$77.40
HOA / mo$86.00$86.00
Total monthly$3,795.28$3,513.16
Cash to close$5,953$43,000