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$430,983$405,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.320%
Blended rate7.340%7.560%
1st payment$2,845.68$2,782.07
2nd payment$0.00$0.00
Taxes / mo$472.17$472.17
Insurance / mo$150.00$150.00
MI / mo$206.56$81.00
HOA / mo$146.67$146.67
Total monthly$3,821.08$3,631.91
Cash to close$19,017$45,000