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$403,524$395,910
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.400%
Blended rate7.270%7.640%
1st payment$2,646.49$2,741.20
2nd payment$0.00$0.00
Taxes / mo$444.25$444.25
Insurance / mo$150.00$150.00
MI / mo$299.07$79.18
HOA / mo$46.67$46.67
Total monthly$3,586.47$3,461.30
Cash to close$36,376$43,990