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$403,380$396,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.320%
Blended rate6.940%7.560%
1st payment$2,625.31$2,720.25
2nd payment$0.00$0.00
Taxes / mo$562.92$562.92
Insurance / mo$150.00$150.00
MI / mo$192.57$79.20
HOA / mo$93.00$93.00
Total monthly$3,623.79$3,605.36
Cash to close$36,620$44,000