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$394,801$382,499
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.480%7.320%
Blended rate7.030%7.560%
1st payment$2,601.18$2,627.50
2nd payment$0.00$0.00
Taxes / mo$716.33$716.33
Insurance / mo$150.00$150.00
MI / mo$189.01$76.50
HOA / mo$0.00$0.00
Total monthly$3,656.52$3,570.34
Cash to close$30,198$42,500