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$425,254$404,100
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$2,813.16$2,797.91
2nd payment$0.00$0.00
Taxes / mo$374.17$374.17
Insurance / mo$150.00$150.00
MI / mo$202.51$80.82
HOA / mo$389.00$389.00
Total monthly$3,928.84$3,791.89
Cash to close$23,746$44,900