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$444,363$387,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.320%
Blended rate7.400%7.560%
1st payment$2,961.76$2,658.42
2nd payment$0.00$0.00
Taxes / mo$394.58$394.58
Insurance / mo$150.00$150.00
MI / mo$207.17$77.40
HOA / mo$60.00$60.00
Total monthly$3,773.51$3,340.40
Cash to close$0$43,000