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$395,800$373,410
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.400%
Blended rate7.450%7.640%
1st payment$2,696.62$2,585.42
2nd payment$0.00$0.00
Taxes / mo$337.25$337.25
Insurance / mo$150.00$150.00
MI / mo$187.66$74.68
HOA / mo$0.00$0.00
Total monthly$3,371.53$3,147.35
Cash to close$19,100$41,490