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$430,078$396,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.030%7.400%
Blended rate7.580%7.640%
1st payment$2,948.54$2,741.82
2nd payment$0.00$0.00
Taxes / mo$366.67$366.67
Insurance / mo$150.00$150.00
MI / mo$202.51$79.20
HOA / mo$0.00$0.00
Total monthly$3,667.72$3,337.69
Cash to close$9,922$44,000