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$428,529$413,910
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$2,842.06$2,865.83
2nd payment$0.00$0.00
Taxes / mo$481.67$481.67
Insurance / mo$166.67$166.67
MI / mo$200.22$82.78
HOA / mo$95.00$95.00
Total monthly$3,785.61$3,691.94
Cash to close$31,371$45,990