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$418,656$413,010
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.950%7.320%
Blended rate7.500%7.560%
1st payment$2,815.36$2,837.09
2nd payment$0.00$0.00
Taxes / mo$547.58$547.58
Insurance / mo$166.67$166.67
MI / mo$194.94$82.60
HOA / mo$276.00$276.00
Total monthly$4,000.55$3,909.94
Cash to close$40,244$45,890