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$396,601$377,999
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.020%7.320%
Blended rate6.870%7.560%
1st payment$2,511.43$2,596.59
2nd payment$0.00$0.00
Taxes / mo$359.08$359.08
Insurance / mo$150.00$150.00
MI / mo$296.08$75.60
HOA / mo$22.92$22.92
Total monthly$3,339.51$3,204.19
Cash to close$23,398$42,000