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$412,594$346,770
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.400%
Blended rate6.640%7.640%
1st payment$2,617.18$2,400.97
2nd payment$0.00$0.00
Taxes / mo$376.00$376.00
Insurance / mo$150.00$150.00
MI / mo$198.16$69.35
HOA / mo$87.00$87.00
Total monthly$3,428.33$3,083.32
Cash to close$0$38,530