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$399,239$323,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.320%
Blended rate6.670%7.560%
1st payment$2,536.75$2,219.47
2nd payment$0.00$0.00
Taxes / mo$585.00$585.00
Insurance / mo$150.00$150.00
MI / mo$191.45$64.62
HOA / mo$4.58$4.58
Total monthly$3,467.79$3,023.67
Cash to close$0$35,900