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$411,129$314,100
Remaining term (yrs)22.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.730%7.400%
Blended rate7.280%7.640%
1st payment$2,932.09$2,174.76
2nd payment$0.00$0.00
Taxes / mo$611.25$611.25
Insurance / mo$150.00$150.00
MI / mo$194.86$62.82
HOA / mo$11.58$11.58
Total monthly$3,899.79$3,010.41
Cash to close$0$34,900