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$408,907$400,500
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.920%7.400%
Blended rate7.770%7.640%
1st payment$2,818.74$2,772.98
2nd payment$0.00$0.00
Taxes / mo$459.25$459.25
Insurance / mo$150.00$150.00
MI / mo$302.54$80.10
HOA / mo$43.58$43.58
Total monthly$3,774.11$3,505.91
Cash to close$36,093$44,500