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$395,455$359,910
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.890%7.320%
Blended rate7.440%7.560%
1st payment$2,661.58$2,472.33
2nd payment$0.00$0.00
Taxes / mo$483.25$483.25
Insurance / mo$150.00$150.00
MI / mo$185.41$71.98
HOA / mo$165.00$165.00
Total monthly$3,645.24$3,342.56
Cash to close$4,445$39,990