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$405,659$319,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.750%7.400%
Blended rate5.300%7.640%
1st payment$2,207.52$2,212.15
2nd payment$0.00$0.00
Taxes / mo$442.17$442.17
Insurance / mo$150.00$150.00
MI / mo$193.96$63.90
HOA / mo$168.00$168.00
Total monthly$3,161.65$3,036.22
Cash to close$0$35,500