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$396,381$377,100
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.290%7.400%
Blended rate7.840%7.640%
1st payment$2,790.82$2,610.96
2nd payment$0.00$0.00
Taxes / mo$349.17$349.17
Insurance / mo$150.00$150.00
MI / mo$186.76$75.42
HOA / mo$0.00$0.00
Total monthly$3,476.75$3,185.55
Cash to close$22,619$41,900