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$409,341$404,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.320%
Blended rate7.120%7.560%
1st payment$2,707.89$2,781.45
2nd payment$0.00$0.00
Taxes / mo$311.92$311.92
Insurance / mo$150.00$150.00
MI / mo$194.94$80.98
HOA / mo$44.50$44.50
Total monthly$3,409.24$3,368.85
Cash to close$40,559$44,990